European stocks opened lower on Monday, the first trading day of September.
LONDON — European stocks fell on Monday as the first trading day in September kicked off and investors considered the outlook for markets.
The pan-European Stoxx 600 was last down by 0.42% at 9:06 a.m. London time, with most regional bourses and sectors pulling back. Autos were last 1.03% lower. Shares in real estate listings company Rightmove soared as much as 24% as markets opened and were last up 21.16% after its Australian rival REA GroupRegional markets closed higher last Friday, the last trading day of August, as investors considered inflation data from around the world and expectations rise that the U.S. Federal Reserve will begin interest rate cuts in September.in July and 2.5% from a year ago. The result was in line with estimates from economists polled by Dow Jones.
Want a well-diversified portfolio? Here's how to create one, according to a Morningstar portfolio managerfell overnight as investors assessed China's business activity numbers released over the weekend. China's official purchasing managers' index data for August saw the manufacturing PMI fall to aData releases in Europe on Monday include the latest manufacturing PMIs from Spain, Italy, France, U.K. and Germany. There are no major earnings releases.
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