News list for " Tuesday edged"

European stocks edged lower on Tuesday, halting a five-day winning streak. The falls in energy stocks outweighed recent optimism about the Federal Reserve's interest rate cut. Europe's Stoxx 600 index closed down 0.5% as lower oil prices hit energy stocks and banks fell. Germany's DAX index fell 0.3%, capping its longest streak of gains since 2014. Global risk assets suffered losses earlier this month as investors worried about a slowing U.S. economy, and highly valued stocks such as technology ...

2024-08-20 17:28:29