European shares set for worst week in three months, Siemens Energy plunges

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European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher for longer, while shares of Siemens Energy plunged as it withdrew its annual profit outlook.

The index has lost 2.7% for the week so far, heading for its worst weekly performance in over three months, as investors digested more interest rate hikes from major central banks including the.

The index has lost 2.7% for the week so far, heading for its worst weekly performance in over three months, as investors digested more interest rate hikes from major central banks including the
 

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