Europe Stocks Largely Unchanged

Big 5

European stocks paused Tuesday after a strong rally in the previous session, with investors continuing to digest European Central Bank President Mario Draghi’s speech late last week that suggested further stimulus could be on the way for the region.

Mr. Draghi’s speech on Friday, in which he called for action to spur growth, had also sent the euro to an 11-month low against the dollar, and propelled a swath of euro-zone government bonds to new highs.

European stocks paused Tuesday after a strong rally in the previous session, with investors continuing to digest European Central Bank President Mario Draghi’s speech late last week that suggested further stimulus could be on the way for the region.

Mr. Draghi’s speech on Friday, in which he called for action to spur growth, had also sent the euro to an 11-month low against the dollar, and propelled a swath of euro-zone government bonds to new highs.

Source: The Wall Street Journal

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