European Market Updates

European Shares Extend Losses As Growth, Rate Worries Weigh

European stocks traded lower on Friday to extend recent losses amid concerns over increasing Sino-U.S. tensions, slowing global growth and uncertainty over the path of U.S. monetary policy.

On a light day on the economic front, data showed German inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More European Market Updates