European stocks were mixed in cautious trade on Friday as a global rally in artificial intelligence-related stocks fizzled out and investors kept a wary eye on the latest developments in the Middle East.
Hezbollah has rejected a new ceasefire agreement with Israel, and the Israel Defense Forces (IDF) eliminated Hezbollah's engineering unit commander Abed Harb, escalating tensions.
Traders also await key U.S. jobs data later in the day that might show some moderation in job growth.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.