Stock Market LIVE Updates | European shares ease from 3-week high as Powell stamps out rate peak hopes




European shares fell on Friday, hurt by higher bond yields, as hawkish comments from the U.S. Federal Reserve Chair poured cold water on investor optimism around a peak in interest rates.

The pan-European STOXX 600 fell 0.8% by 0915 GMT, easing from a three-week high hit on Thursday.

However, it remained poised for a second weekly gain, helped by a handful of upbeat earnings.

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