European stocks close mostly higher as US inflation curbs gains
Major European stock markets closed mostly higher on Tuesday but lost ground during the session after stronger-than-expected US inflation data raised concerns about the outlook for interest rates. Stocks had traded near record highs early in the day as falling oil prices and hopes for a resolution to the Middle East conflict eased inflation concerns.
Major European stock markets closed mostly higher on Tuesday but lost ground during the session after stronger-than-expected US inflation data raised concerns about the outlook for interest rates. Stocks had traded near record highs early in the day as falling oil prices and hopes for a resolution to the Middle East conflict eased inflation concerns.
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