Chip Sell-Off Pulls European Stocks Back From One-Week High
10 Articles
10 Articles
Europe's main stock indices ended on Tuesday (13) in a slight fall, close to stability, returning the high view earlier and part of the recovery of the day before. There was some support for a fall in oil prices and debt securities yields at the beginning of the summit, but losses in the luxury and technology sectors ended up overlapping with the positive feeling, while investors reflected the start of the third quarter's balance-sheet season. A…
European stock markets closed the second trading day of the week mixed, influenced by cautious anticipation in global markets, sharp sell-offs in technology stocks, and the start of the third-quarter earnings season in the US.
European stock markets closed mixed, affected by sharp sell-offs in technology stocks and the start of the third-quarter earnings season in the US. At the close, the Stoxx Europe 600 fell 0.10 percent to 635.01 points, while the EuroStoxx 50 dropped 0.55 percent to 6,167.01 points.
Most major European stock exchanges ended the session on Tuesday, October 13, with marginal losses, as pressure on technology stocks and the luxury goods sector limited the momentum that had formed at the start of trading. Investors moved cautiously, assessing developments in the semiconductor industry, the latest corporate results and the prospects for consumer demand, with particular emphasis on the Chinese market. In this context, the pan-Eur…
European stock markets lost early gains on Tuesday and closed significantly lower. Shares of companies that supply their products for artificial intelligence infrastructure fell sharply, and large industrial companies also weakened, reports the tradingeconomics portal. The pan-European Stoxx 600 index fell...
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