European stocks recorded a volatile level on Tuesday as investors assessed a series of corporate results, while investors look to corporate profits to support stock prices with the start of the announcement of fourth-quarter earnings reports. Wall Street indexes fell on Tuesday amid investor caution and anticipation of initial corporate earnings reports, especially in the banking sector, for the fourth quarter, amid developments regarding Jerome Powell, Chairman of the US Federal Reserve, who was referred to the US Department of Justice for investigation. The Dow Jones fell by 0.45%, the S&P 500 index fell by 0.35%, and the Nasdaq fell by 0.40%. A report on the Consumer Price Index for December showed that the annual inflation rate stabilized at 2.7%.
European Stocks Volatile Amid Corporate Earnings
European stocks showed volatility on Tuesday as investors assessed a series of corporate results. Meanwhile, investors are looking to corporate profits to support stock prices as fourth-quarter earnings reports begin.