European Markets React to Fed's Interest Rate Decision Amidst Strategic Corporate Moves
European stocks closed mixed as investors awaited the U.S. Federal Reserve's interest rate decision. The Fed is expected to cut rates by a quarter percentage point, marking its third consecutive cut. This decision comes amid divided sentiment within the Fed regarding the balance between inflation control and labor market support. Meanwhile, Delivery Hero's stock surged by 13.7% after announcing strategic evaluations, including potential partnerships and capital allocation changes. Additionally, President Trump criticized European leaders for their handling of migration and the Ukraine conflict, which could impact transatlantic relations.