European stocks traded mixed on Monday, with mining and energy stocks declining after Country Garden Holdings, a major property developer in China, missed bond payments and warned of multibillion-dollar losses.
The company risks defaulting in September if it still cannot pay after a 30-day grace period.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.