European equities closed lower but ended up 2.8% for the month; Suez climbs 18% – CNBC

European equities closed lower but ended up 2.8% for the month; Suez climbs 18% – CNBC

European stocks closed lower on Monday, despite a strong start to the session, as traders digested corporate news and accommodated US monetary policy signals.

Most of the major European exchanges finished in negative territory, but posted gains of 2.8% for August, according to Reuters data. In the UK, markets were closed on Monday due to a public holiday.

Last week, the Federal Reserve,…

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