Major European Markets Close On Weak Note After Cautious Session
From Nasdaq: 2025-05-07 13:08:00
European markets closed weak on Wednesday as investors await monetary policy announcements from the Federal Reserve and the Bank of England. Despite this, upbeat economic data from Germany and optimism around upcoming U.S.-China trade talks helped limit losses. The major European markets ended lower, with the pan European Stoxx 600 down 0.32%. In the UK, companies like Entain and JD Sports Fashion closed higher, while GSK closed down nearly 5%. In Germany, Fresenius Medical Care and Infineon saw gains, while Siemens Healthineers drifted down. In France, companies like Sanofi and Essilor closed lower, while Veolia Environnement and Legrand gained. Germany’s factory orders grew more than expected in March, and Eurozone retail sales declined in March. France’s trade deficit narrowed in March.
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