European stocks close weak as US fiscal deficit fuels growth concerns

NAMPA / DPA

2025-05-22

Brussels/Frankfurt/Paris (dpa-AFX) - European stocks closed lower on Thursday as rising concerns over the US fiscal outlook and a lack of clarity on tariff negotiations rendered the mood cautious, prompting investors to lighten commitments. The US tax cut bill was passed in the House in a largely party-line vote early this morning, but it is feared that the mega-bill pairing tax relief with spending cuts could add trillions to the federal govern......

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