European stocks were subdued on Friday as investors react to mixed economic data from the region.
Eurozone bond yields dropped after preliminary data revealed business activity growth in Europe slowed in June.
The region's flash composite Purchasing Managers' Index dropped to 50.3 in June from 52.8 in the previous month.
Elsewhere, U.K. retail sales logged an unexpected growth in May as bank holidays and warm weather boosted demand for outdoor-related goods and summer clothing, official data showed.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.