Economic

European Stocks Fall After China Interest Rate Hike

“European stocks fell Tuesday, with basic resources pacing the decline following a surprise short-term interest-rate hike by China. At the same time, mixed earnings reports out of the U.S. and weakness in the technology sector weighed on markets.

The euro lost ground against the dollar, while oil and gold prices fell. “

(Source: WSJ: European Stocks Fall After China Interest Rate Hike – WSJ.com)

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