European stocks were lower on Wednesday, continuing negative sentiment seen in the previous trading session.
Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France , on Monday, March 13, 2023. LONDON — European stocks were lower Wednesday, continuing negative sentiment seen in the previous trading session.
The pan-European Stoxx 600 was down by 0.52% at 10:42 a.m. London time, with all other major bourses in the region falling.reported that the U.S. is considering sharper trade restrictions for chip equipment firms that are exporting their technology to China as geopolitical uncertainty weighed on the broader chip sector.came in at 2% on an annual basis in June, according to data released by the Office for National Statistics on Wednesday. This was slightly higher than the forecast 1.
as markets reduced bets on an August rate cut from the Bank of England. Analysts are also expecting a period of growth-friendly policies and political stability in the U.K. under the newly elected Labour government.
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