European stocks were moving lower on Wednesday as weak U.S. data stoked recession fears. Upbeat German consumer confidence data as well as encouraging earnings updates from both Microsoft and Alphabet helped limit regional losses to some extent.Survey results showed that German consumer sentiment is likely to pick up in May on the back of cooling energy prices and expected wage increases.The forwa...
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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.