European shares drop on disappointing earnings and Fed fears

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 77%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

European shares drop on disappointing earnings and Fed fears via IrishTimesBiz

Pandora slipped 2.1 per cent after the Danish jewellery maker flagged increased uncertainty around its full-year earnings forecast.plunged 9.8 per cent after it posted a drop in profit and braced for potential project cancellations in its Eastern European markets as an indirect effect of the war in Ukraine.gained 3.

Still, bank stocks were up generally higher after US Treasury two-year yields, the most sensitive to the Federal Reserve’s interest rate outlook, soared to their highest since November 2018. Rising interest rates tend to boost banks’ lending margins.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités