Home / Market Update / Forex Market / European Stocks Close Lower Following Powell Speech

European Stocks Close Lower Following Powell Speech

European stocks closed lower on Thursday, after the recent speech of the United States Federal Reserve Chair Jerome Powell.

The Stoxx Europe 600 index declined by 0.58% and closed at 370.96 points.

The UK’s FTSE100 index settled lower by 0.75% at 5,999.99.

Meanwhile, the French CAC40 and the German DAX finished lower by 0.64% and 0.7%, respectively.

Check Also

Euro Stands Strong Amidst Global Trade Disputes

The Euro has demonstrated remarkable resilience in recent months, emerging as a top performer among …