European stocks fall as US interest rates await

European stocks fell on Monday, to their lowest level in a week, amid heavy selling while under pressure following US jobs data that reinforced expectations that the US Central Bank will deal cautiously with interest rate cuts this year.
The STOXX 600 index closed down 0.5% at 508.71 points, its lowest level since January 6.
The index continued its decline after falling by about 1% on Friday.

Keep an eye on monthly inflation data

Markets are awaiting monthly inflation data in the United States scheduled to be released tomorrow, Wednesday, which plays a pivotal role in determining whether the Federal Reserve will continue lowering interest rates.
Technology stocks fell 1.2%, the real estate sector lost 1.3%, and health care lost 1.2%.