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European Stocks Stall

European Stocks Stall

European stocks were flat on Tuesday as traders awaited more data that could give clues on the outlook for interest rates. The next inflation data for the euro area is due out Friday, a day after the U.S. core personal consumption expenditures report, the Federal Reserve’s preferred gauge. Signs that inflation rates are continuing to come down could provide a lift for stocks, while indications of faster indications would suggest that interest rates will stay higher for longer, which would be bad news for shares.