European stocks were broadly lower on Thursday amid doubts about China's economic recovery and lingering uncertainty surrounding the possibility of a U.S. debt default.Fitch Ratings placed the United States "AAA" credit on "rating watch negative," signaling downside risks to U.S. creditworthiness.Traders remained wary of a possible and catastrophic default with U.S. Treasury Secretary Janet Yellen...
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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.