European stocks closed lower on Friday amid renewed concerns about lofty tech valuations and a batch of weak regional economic data.
Comments from a senior Fed official reviving hopes for monetary easing helped limit the downside in some of the markets in the region.
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Market Analysis
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.