Europe markets end the week lower with mining stocks leading losses
European markets closed lower on Friday, as investors digested corporate results and quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
The pan-European Stoxx 600 ended the session 0.66% lower, with most sectors and major bourses in closing in the red. Mining stocks led the losses, shedding 4.2%, while travel and leisure stocks ticked up 0.8%.
The index ended down 0.19% on the week.
The losses in Europe come as market participants continue to assess political upheaval in Germany and President-elect Donald Trump’s historic victory this week.
Source: CNBC