Investors Weigh Middle East Turmoil, European Markets Show Mixed Results
European markets closed higher as investors assessed the turmoil in the Middle East, with the pan-European Stoxx 600 index ending up 0.2%. Retail stocks rallied, while healthcare stocks dropped. The Bank of England's chief economist stated that there is still work to be done to get national inflation back to its 2% target. Meanwhile, European equity markets opened higher despite ongoing Middle East turmoil. Goldman Sachs predicts that a global tech stock will soar as "gaming-as-a-service" takes off. Additionally, experts suggest investment strategies for those looking to retire in around five years' time.
