European stocks closed slightly higher on Monday despite concerns over a potential U.S. government shutdown. A lack of positive triggers rendered the mood cautious and limited markets' upside. The pan European Stoxx 600 gained 0.18%. The U.K.'s FTSE 100 and France's CAC 40 gained 0.16% and 0.13%, respectively. Germany's DAX edged up 0.02%, and Switzerland's SMI climbed 0.64%.Among other markets in...
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.