European stocks closed lower on Tuesday with investors largely staying cautious, looking ahead to the release of minutes from the Federal Reserve's most recent policy meeting, and a report on U.K. inflation for the month of April.
The pan European Stoxx 600 ended down by 0.18%. The U.K.'s FTSE 100 edged down 0.09%, Germany's DAX closed lower by 0.22% and France's CAC 40 dropped 0.67%, while Switzerland's SMI ended 0.3% down, snapping a long winning streak.
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.