03 December 2024
European markets experienced a downturn on Tuesday, ending an eight-session winning streak. The pan-European Stoxx 600 index closed down by 0.52%, with most sectors retreating. Among the key contributors:
Investors await Wednesday's U.S. consumer price index (CPI) report, which could shape the Federal Reserve's interest rate decisions for its December 17-18 meeting.
Chinese trade figures underwhelmed:
A report by Indeed highlighted a 24% year-on-year contraction in U.K. job postings as of November 22.
SSE announced plans for its subsidiary, SSEN Transmission, to invest at least £22 billion in grid infrastructure between 2026 and 2031.
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