European stocks were broadly lower on Thursday after posting strong gains in the previous session on AI-driven optimism and hopes for a quick end to the Middle East conflict.
The downside was capped after data showed German factory orders grew at a faster pace in March.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.