November 10, 2026
Business

European shares fall as US rate cut expectations wane; UK fiscal worries resurface(Soban News)

European stock markets closed lower on Friday. This followed cautious remarks from U.S. Federal Reserve officials. Investors had hoped for an interest rate cut. Technology stocks faced selling pressure. However, the STOXX 600 index achieved its best weekly gain since September. Richemont and Siemens Energy saw gains. UK’s FTSE 100 also declined.

​European stock markets closed lower on Friday. This followed cautious remarks from U.S. Federal Reserve officials. Investors had hoped for an interest rate cut. Technology stocks faced selling pressure. However, the STOXX 600 index achieved its best weekly gain since September. Richemont and Siemens Energy saw gains. UK’s FTSE 100 also declined. by Soban News (international And National News)

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