Europe Stocks Slip As Officials Temper Pivot Talk: Markets Wrap

<p>European stocks paused their advance after officials from the Federal Reserve and European Central Bank pushed back against bets of aggressive interest rate cuts next year. The Stoxx Europe 600 index slipped 0.1%, while futures on the S&#38;P 500 trimmed gains to 0.2%. Shares of Vodafone Group Plc jumped almost 7% after Billionaire Xavier Niel’s Iliad proposed combining its Italian business with Vodafone’s local operations. The dollar was broadly steady while yields on two-year Treasuries dropped three basis points, paring Friday’s jump when New York Fed President John Williams led a chorus of officials in saying it’s too early to begin thinking about lowering borrowing costs. US shares had their biggest weekly gain in a [&#8230;]</p>
<p>The post <a href="https://vladimirribakov.com/europe-stocks-slip-as-officials-temper-pivot-talk-markets-wrap/">Europe Stocks Slip As Officials Temper Pivot Talk: Markets Wrap</a> appeared first on <a href="https://vladimirribakov.com">Vladimir Ribakov</a>.</p>

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