European stocks closed lower on Monday, with investors waiting for information on US Federal Reserve (Fed) interest rate hikes after a two-day meeting on Tuesday, and watching the situation in Ukraine where tensions are rising due to Russia. CNBC.

The pan-European Stoxx 600 index fell by 3.6%, and the technological actions and those of companies in the travel and leisure sector fell by 5.2%, while all major sectors and stock markets had a negative evolution, informs News.ro .

Among companies, Unilever shares gained 7.3% after reports that activist investor Nelson Peltz had a stake in the British consumer goods company.

In contrast, shares of French nursing home company Orpea’s shares were suspended after a 16% decline in shares after French newspaper Le Monde published an unfavorable excerpt from an investigation book describing the poor conditions in its homes. care.

European markets on Monday followed declines in stock markets in the Asia-Pacific region, with investors reacting to rising tensions between Ukraine and Russia.

Investors are also looking forward to the US Federal Reserve’s monetary policy meeting this week. The Federal Open Market Committee is set to meet on Tuesday and Wednesday to decide on the next steps for US monetary policy. Rising inflation is a major concern for the US central bank, and investors will be watching closely to find out how worried the Fed really is.

Meanwhile, markets could be shaken by concerns that there could be an imminent military conflict between Ukraine and Russia.

On Sunday, the US State Department recommended that all American citizens of Ukraine leave the country immediately, citing the extraordinary accumulation of Russia’s army at the border.

The London FTSE 100 index fell 2.63%, the Frankfurt stock market DAX 3.8% and the Paris stock market CAC 40 3.97%. In Milan, the FTSE MIB index fell by 4.02%.

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