European stocks fell on Tuesday ahead of key data that will offer a window into the health of major economies, while the dollar hovered close to its highest in six weeks.
for the first time in eight months in February thanks to easing supply bottlenecks and improved underlying demand, its data showed.U.S. markets, closed on Monday due to President's Day holiday, were set for slim losses. E-mini futures for the S&P 500 were last down 0.5%.
Meanwhile, the euro was down 0.2% to $1.067, and is set to snap four straight months of gains and end February lower. The market is now pricing U.S. interest rates to peak at 5.30% in July and remain above 5% by the end of the year, moving away from expectations of deeper rate cuts this year. The yield on 10-year Treasury notes was up 2.3 basis points to 3.852%., after touching a three-month high of 3.929% on Friday.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
European shares flat as Telecom Italia drags eurozone stocksEuropean shares were flat on Monday, with the sustained gains in miners on bets of a demand recovery in China countering a fall in Telecom Italia that led the decliners in eurozone stocks.
Weiterlesen »
Miners lift European shares, but fall in Telecom Italia caps gainsEuropean shares inched higher on Monday, with sustained gains in miners on bets of a demand recovery in China offsetting a fall in industrials and shares of Telecom Italia.
Weiterlesen »
Thousands come out to enjoy Lundi Gras, ahead of Fat TuesdayA lot of people not ready for this parade season to end.
Weiterlesen »
Talking points from European soccerTalking points from the weekend in European soccer leagues:
Weiterlesen »
Mardi Gras 2023: What to know about Fat Tuesday celebrations and traditionsNew Orleans hosts the most famous Mardi Gras celebration in the U.S. This year, it has been holding events since the official start of Carnival season on Jan. 6.
Weiterlesen »
San Diego lands 8 teams in CIF Southern California water polo playoffs, which start Tuesday nEl Camino claims top spot in Division II bracket, will host Coronado at Oceanside's new William Wagner Aquatic Center
Weiterlesen »