European Stocks Close Slightly Lower
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European stocks closed slightly lower on Monday, with the STOXX 50 down 0.2% and the STOXX 600 down 0.1%. The market was influenced by concerns over global rates, AI company valuations, and pessimism regarding Ukraine-Russia ceasefire negotiations. AB InBev and Pernod Ricard fell over 2% due to China's tariffs on European dairy products. Stellantis dropped 5.7% following the closure of an investigation by the Italian competition authority.
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Source: Trading Economics The copyright of this article belongs to the original author/organization.
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