European indices closed on Thursday with collective declines following the European Central Bank's decision to raise interest rates.
The European Stoxx 600 index lost about 0.61 percent at the close, according to CNBC.
European stock indices close with collective losses after interest rate hike
The German DAX index fell by 0.69 percent, the British FTSE index dropped by 0.57 percent, and the French CAC index closed down by 0.49 percent. The European Central Bank's decision to raise rates came amid the continued rise in global oil prices and the climb in US bond yields, which increased pressure on investors and sparked fears of persistent inflation.
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