Current European stock market prices are mainly falling in trading on Thursday as investors wait for data on U.S. consumer price activity and continue to evaluate quarterly company reports. The Stoxx Europe 600 composite index of the largest companies in the region fell 0.24% to 419.34 points.

How are European stock markets doing today? 

The British FTSE 100 was down 0.19%, the German DAX was down 0.09%, Spain’s IBEX 35 was down 0.49% and France’s CAC 40 was down 0.37%. Meanwhile, Italy’s FTSE MIB gained 0.15%.

The U.S. Labor Department will release inflation data at 4:30pm Moscow time on Thursday. Analysts on average forecast that the rate of consumer price growth slowed to 8% in October from 8.2% a month earlier. The data could affect policy of the U.S. Federal Reserve (Fed), which is aggressively raising interest rates to curb inflation.

Meanwhile, in the U.S., congressional vote counting continues. The majority in the House of Representatives, likely, will go to the Republicans, but in the Senate the balance of power is not clear, yet, the final result could be known in a few weeks.

The leader of the fall among 600 components are shares of French outsourcing company Teleperformance SE, which went down by 26.75%.

Earlier we reported that the U.S. stock market is trading on an uptrend.