European Equities Close Lower Following Fed Policy Change; Japanese Abe resigns – CNBC
European stocks closed lower on Friday as investors digested a major policy shift from the U.S. Federal Reserve and news of Japanese Prime Minister Shinzo Abe’s resignation due to health concerns.
The pan-European Stoxx 600 provisionally closed 0.4% lower, with most sectors trading in negative territory.
The European banking index, however, rose by more than 1.7%. The reaction comes after…
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