European stocks retreat before US inflation data

European stocks retreat before US inflation data

European stock markets fell Friday as investors digested mixed economic data, while shares in UK banks and the pound dropped on reports the sector could face a windfall tax.

European Stocks Retreat Before US Inflation Data

European stock markets fell Friday as investors digested mixed economic data, while shares in UK banks and the pound dropped on reports the sector could face a windfall tax. European Stocks Retreat Before US Inflation Data The Dow and the S&P 500 hit fresh record highs Thursday on Wall Street after an upward revision to US growth in the second quarter and bumper results from AI chip giant Nvidia. Friday sees the release of key US inflation data,…