European Stocks Slip as Traders Weigh Weak US Data: Markets Wrap
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#0265b35c ver:1.72

European stocks slip as traders weigh weak US data and anticipate rate cuts by the European Central Bank and the Federal Reserve. Lower interest rates could lead to higher stock prices in Europe, favoring value and small-cap stocks, as well as sectors like banks and energy companies. US economic growth slowed in Q1 2024, while Eurozone economic confidence improved in May. Asian stocks gain as confidence in rate cuts grows. US stock index futures steady as investors await upcoming rate cuts. London markets set for a muted open ahead of the ECB's rate cut decision. European stocks slip as concerns about the US economy weigh against expectations for early Fed policy easing. Energy stocks lead decline in Europe's Stoxx 600 Index....

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