Capitals, Dec. 21, 2022, SPA -- European stock indexes ended their trading on Tuesday lower.
The "STOXX 600" index closed down by 0.4 percent, amid investors' concern about continuing to raise interest rates, and under pressure from technology and industry stocks, as technology sector shares fell by about 1.2 percent. The industrial sector declined by 0.8 percent, and the real estate sector declined by 2.2 percent, its lowest level in more than six weeks.
The "German DAX" index fell 0.4 percent, as German bond yields for ten years rose to their highest levels in more than a month, while data showing a decline in producer prices for the second month in a row in Europe's largest economy did not have a significant impact on calming fears of investors.
In the meantime, data showed an increase in consumer confidence in the euro zone by about 1.7 points in the month of December, compared to last November.
Earlier in today's session, European stocks fell, affected by a decline in real estate and technology stocks, after the Japanese Central Bank disturbed global markets with a sudden shift in policy that would allow long-term interest rates to rise further.
The European Stoxx 600 index fell 0.9 percent, its lowest level since last November.
Source: Saudi Press Agency