European stocks fell on Friday as investors fretted about overvalued tech valuations and an uncertain path for U.S. monetary policy.
In economic releases, U.K. retail sales declined for the first time in five months in October as consumers delayed their spending in the lead up to Black Friday, the Office for National Statistics said.
Retail sales fell 1.1 percent on a monthly basis in October, in contrast to the 0.7 percent increase in September. This was the first fall in five months and worse than economists' forecast of 0.1 percent drop.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.