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.