U.S. Federal Reserve

Europe’s STOXX 600 falls a day after Fed-fuelled rally

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European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve‘s outsized interest rate cut, while drugmaker Novo Nordisk slid on disappointing obesity pill data. The pan-European STOXX 600 index closed 1.4% lower, though it recorded a second straight week of gains. All major European stock markets had … Read more

European stocks wrap up week on a high note; focus shifts to Fed’s rate decision

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European stocks rounded off the week on a positive note, supported by technology, real estate and mining shares, while investors shifted their focus to the U.S. Federal Reserve ahead of a long-awaited monetary easing at its meeting next week. The pan-European STOXX 600 index was up 0.7% at 515.75 points on the day, while notching … Read more

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