Stocks turn lower as traders eye US data for Fed signals

(Image: Getty)

Tue, 02 Dec 2025

European and US stock markets turned lower Monday as investors awaited key US data that could play a role in Federal Reserve deliberations ahead of an expected cut to interest rates next week.Wall Street's three main indices finished lower, with the S&P 500 losing 0.5% after spending the entire session in the red.Frankfurt led declines in Europe, ending the day down one percent.Bitcoin extended its decline, dropping more than five percent to under US$85,500 (NZ$148,433) amid weaker risk appetite.'Overall risk sentiment'The cryptocurrency re...

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