"European Stocks" European and UK central banks keep interest rates unchanged, pan-European STOXX 600 index falls over 1%
The Bank of England and the European Central Bank kept interest rates unchanged, coupled with investors digesting corporate quarterly results, leading to a decline in European stock markets on Thursday. The pan-European STOXX 600 index fell 1.3%.
Geely's Volvo Car saw its stock price drop by 25%, with the company's quarterly operating profit declining by 68% due to the impact of U.S. tariffs and weak demand.
The UK FTSE 100 index fell by 80 points or 0.8%, closing at 10,322 points.
The German DAX index dropped by 255 points or 1%, closing at 24,347 points.
The French CAC 40 index decreased by 67 points or 0.8%, closing at 8,194 points
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