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European Shares Edge Lower On US Political Uncertainty

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks were moving lower on Thursday, as investors fretted about inconclusive U.S. midterm election results and tightening COVID-19 curbs in China.

Traders also awaited key U.S. inflation data later in the day that is expected to show some moderation in price growth.

The pan-European STOXX 600 was down 0.3 percent at 418.95, after snapping a three-day winning streak on Wednesday.

The German DAX and the U.K.'s FTSE 100 slipped around 0.2 percent while France's CAC 40 index shed 0.6 percent.

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