Markets were mixed on Thursday.
The S&P 500 fell 0.9 percent but the STOXX Europe 600 jumped 1.2 percent.
Thursday’s decline in US stocks followed gains in the previous session after the Federal Reserve announced a more aggressive plan to wind down its asset purchases and hike rates in 2022.
However, in Europe, stocks gained despite the Bank of England on Thursday hiking interest rates for the first time since the onset of the pandemic and the European Central Bank announcing a cut in its bond purchases.
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