Friday, 9 May 2025

European index falls amid euro zone inflation data

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European stocks fell on Tuesday, after strong gains in the previous session, due to losses in healthcare and financial stocks, as investors awaited euro zone inflation data due later in the day.

The pan-European STOXX 600 index fell 0.3%, after rising to a more than two-week high yesterday, following a report that the administration of US President-elect Donald Trump may impose lower-than-expected tariffs.

The healthcare sector was among the biggest losers in early trading, falling 0.8%, with Novo Nordisk down 2.1% and AstraZeneca down 1.5%.

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