Central Bank Interest Rate Hikes and Bank Concerns Drag Down European Stock Markets, Closing Lower on Friday
European stock markets closed lower on Friday, as investors took stock of a week of interest rate hikes by central banks and analyzed the latest news from the banking sector, which led to a decline in bank stocks, reports CNBC. The pan-European Stoxx 600 index ended the day down 1.4% and almost all sectors recorded … Read more