European stocks advanced on Friday as recent strong U.S. data raised hopes a recession can be avoided. However, amid much uncertainty over the future trajectory of the Federal Reserve's rate hikes, investors looked ahead to the release of the Fed's preferred inflation tool later in the day for further direction. The pan-European STOXX 600 was up 0.3 percent at 463.90 after ending flat with a posit...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.