"European Stocks Fluctuate Amid Rate Cut Speculation and Key Economic Indicators"

Global stocks and U.S. government debt prices fell due to diminishing hopes for early Federal Reserve interest rate cuts. The dollar strengthened and the yield on the 10-year Treasury note rose above 4%, indicating a shift in market expectations. Technology shares led the declines, while upcoming U.S. labor market data remains a key focus for investors. Oil prices dropped on a reduced outlook for rate cuts and easing supply concerns, despite recent Middle East tensions. Data from China also suggested weaker business confidence, affecting Chinese assets.