European stocks end three-session winning streak
European stocks edged lower on Tuesday, with both the STOXX 50 and STOXX 600 slipping 0.2%, pausing after three straight sessions of gains.
Traders turned cautious ahead of key monetary policy decisions this week from the Fed and the BoE, as well as China–US trade talks, while US President Trump begins his visit to the UK today.
On the data front, markets await the ZEW Economic Sentiment Index for Germany, while UK labour figures continued to signal a slowdown in the job market.
By sector, insurance, telecoms and banks led the declines, while basic resources and technology outperformed.
In corporate news, L'Oréal slipped 2%, Banco Santander lost about 1%, and BNP Paribas eased 0.5% despite reaffirming its full-year net income target. Meanwhile, ASML jumped nearly 3%.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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