European Stocks Fall on Thursday
European stocks slipped into the red on Thursday, with both the STOXX 50 and STOXX 600 down 0.6%, following a subdued session the day before. Market sentiment turned cautious as traders weighed the monetary policy outlook—particularly from the Federal Reserve—amid a series of scheduled speeches from officials today.
Economic data offered little support. Germany’s GfK survey showed consumer confidence remains weak, while French figures also disappointed. In contrast, EU passenger car registrations rose in August. Sector performance was mixed.
Healthcare led losses, with Siemens Healthineers plunging nearly 6% after US authorities launched new national security probes into imports of medical supplies, robotics, and industrial machinery. On the upside, H&M surged about 9% after posting a stronger-than-expected Q3 profit.
Source: Trading Economics