India, May 14 -- The major European stock markets finished moderately to the downside in cautious trade on Wednesday as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.
The markets spent all day in the red as investors also are waiting see what happens next in terms of tariffs and upcoming talks between Ukraine and Russia in Istanbul.
The FTSE in London slipped 17.91 points or 0.21 percent to finish at 8,585.01, while Germany's DAX sank 111.55 points or 0.47 percent to close at 23,527.01 and the CAC 40 in France slumped 37.04 points or 0.47 percent to end at 7,836.79.
In London, Spirax Group plunged 6.00 percent, while Entain spiked 3.51 percent, Airtel Africa rallied 3.25 percent, Experian stumbl...