Market Update
European markets closed lower on Thursday, influenced by quarterly earnings updates and economic data. Key indices closed as follows:
- The pan-European Stoxx 600 index closed down.
- The UK’s FTSE 100 slipped 0.57%.
Market Influences
Investors digested the minutes from the Federal Reserve’s monetary policy meeting. The recent rise in US jobless claims, exceeding expectations, also impacted market sentiment.
Economic Data
- US jobless claims rose higher than expected.
- Yields reversed their recent decline, weighing on European markets.
Company Performance
Coca-Cola HBC AG’s performance was not mentioned in the provided news snippets.