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European stocks slide 1.1% as global rate-hike pressure hits valuations
Dagens IndustriLO·about 12 hours ago
The Stockholm Stock Exchange reversed earlier gains to close negative, with a lower-than-expected US inflation figure failing to lift sentiment. The move suggests investors are looking past the inflation data, possibly focusing on other macro or earnings concerns. The development signals a risk-off tilt in European equities despite disinflationary news.
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