European stock markets fell for four consecutive days, constrained by poor corporate earnings reports and turmoil surrounding the Federal Reserve's personnel changes

Affected by a series of disappointing corporate earnings reports, European stock markets fell for the fourth consecutive trading day. Investor concerns over U.S. President Trump potentially firing Federal Reserve Chairman Powell also dampened market sentiment. The Stoxx Europe 600 index closed down 0.6%, marking the longest consecutive decline in a month. After the European market closed on Wednesday, Trump stated that he "has no plans" to take any action regarding replacing Powell. He had previously mentioned this idea during a closed-door meeting with congressional Republicans, which was later reported by the media