European Stocks Drop as Luxury Sees $30 Billion Value Wipeout

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 50%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

European stocks fell, weighed down by a slump for luxury shares that wiped more than $30 billion off their market value, after Kering SA warned that sales at Gucci have plunged.

Hong Kong Faces Battle to Shore Up Its Role as Financial Hub After Security LawPakistan Clinches Initial Approval for $1.1 Billion IMF PayoutDubai’s ‘Sustainable City’ Was Supposed to Start a Trend.

Fed likely to cut rates twice this year, economist says‘The elephant in the inflationary room’: Economists react to CPI dataOttawa should keep its 'hands off' pension funds, says former OTPP headGrocery inflation dipped to 2.

 

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:

 /  🏆 83. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

European Stocks Steady as Investors Await Central Bank MeetingsEuropean stocks are hovering near record levels as investors get ready for the US Federal Reserve and Bank of England interest rates decisions later this week.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Bullish investors pile into EM, European stocks in March, BofA survey showsUpbeat investors rushed into emerging market equities in March at the fastest pace since April 2017, and into euro zone stocks at the quickest clip since...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

BofA Survey Shows Risk-On Rotation Out of US Tech Into European StocksInvestors are in a risk-on mood, and are snapping up stocks in Europe and emerging markets at the expense of the US and the technology sector, according to Bank of America Corp.’s latest fund manager survey.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »