From Nasdaq: 2025-05-22 05:05:00

European stocks traded lower on Thursday due to a U.S. Treasury sell-off, mixed regional data, and disappointing earnings. 30-year U.S. Treasury yields surpassed 5.09 percent on deficit concerns. Euro zone’s private sector contracted in May, with PMI Composite falling to 49.5. Germany’s business climate index rose to 87.5, while France’s manufacturing sentiment index dropped to 97. U.K. public sector net borrowing increased to GBP 20.2 billion. The STOXX 600 fell 0.7 percent, with major indices in Germany, France, and the U.K. also declining. Several companies, including Freenet AG and CTS Eventim, reported lower profits, while Johnson Matthey soared 27 percent on potential sale discussions.



Read more at Nasdaq: European Shares Drift Lower With US Debt Concerns, PMI Data In Focus