16 July 06:55
European stock markets ended Tuesday in negative territory, with the Stoxx 600 index falling 0.37% on fears of slowing global economic growth.
Raluca Ioana Draghici
Economy
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The Stoxx 600 index fell 0.37% on Tuesday, marking its third consecutive negative session. Initial optimism over a possible EU-US trade deal was overshadowed by fears of slowing global economic growth, heightened by an acceleration in US inflation. The European technology sector posted a gain of 0.8%, while companies such as Barratt Redrow and Ericsson underperformed, falling 9.4% and 7.7% respectively on disappointing financial results.
Sources
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