European stocks ended Monday’s trading session on a mixed note, amid following economic data.
At the end of the session, the STOXX600 index settled at 464 points, amid a 2.6% drop in shares of mining companies.
While the British FTSE declined by 0.2% to record 7929 points, while the German DAX rose by 0.48% at 15653 points, and the French CAC rose by 0.34% to 7373 points.
China revealed its growth target at 5% levels this year, which is less than last year’s target by regarding 0.5%.
Analysts at Citibank said China’s disclosure of its 5% growth target may disappoint some investors.
All eyes are now on Federal Reserve Chairman Jerome Powell’s testimony before Congress on Tuesday and Wednesday, as he is set to give investors a better idea of the Fed’s view of inflation and its plan to raise interest rates.
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