European Stocks Dip as Inflation Jitters Keep Buyers Cautious
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European stocks fell for the first time in four days as investors turned cautious ahead of key US inflation data, while also monitoring headlines on the war in Ukraine.
The Stoxx 600 Index closed down 0.3% after briefly paring declines on news that Russia had ordered its troops to leave the Ukrainian city of Kherson, a highly symbolic setback for President Vladimir Putin. Miners, travel and leisure and energy sectors led the declines, while utilities and health care outperformed.