European Stocks Start Week Lower
European markets ended Monday on a downbeat note, with the Stoxx 50 down 0.2% and the Stoxx 600 slipping 0.1%. Sectors showed mixed results: retail stocks fell 0.9% while mining shares rose 0.6%.
Key stocks like Novo Nordisk, ASML Holding, and Hermes International saw declines of 1.6%, 0.8%, and 0.6%, respectively, while SAP, Nestle, and LVMH recorded modest gains. This cautious market sentiment extended from the previous week as investors awaited important economic reports.
Upcoming data on wage growth, flash PMIs, and final inflation figures for the Eurozone are expected to shed light on the region's economic health. Additionally, traders are watching for statements from central bank officials for potential clues on future monetary policy.
Source : Trading Economics