European shares edge higher, luxury stocks dampened by weak results

), which makes luxury puffer jackets, shed 4.4% after reporting a first-half operating loss for the first time in its history.

European stocks are on course to end July with gains as hopes of a COVID-19 vaccine and unprecedented economic support for the euro zone lifted appetite for the region’s markets, but fears of a second wave of infections have slowed the pace of gains. Peugeot maker PSA Group rose 3.8% as it held on to its margin target despite a fall in profitability in the first half of 2020, and said a recovery in sales had extended into July.

European automakers .SXAP gained 0.6% as the Ifo institute said export expectations in the German manufacturing sector rose in July, with the automotive industry among the biggest winners. Online takeaway food company Delivery Hero SE jumped 3.8% after it raised its forecast for 2020 sales after nearly doubling quarterly revenues, benefiting from coronavirus lockdowns and investments in ultra-speed deliveries.

that's why I invested in a pug. He has a unique return cause the little fucker's smile is priceless when he perceives the world with the wonder of cousin eddy seeing wayne newton's hair.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set to inch higher with U.S.-China tensions, China data in focusEuropean markets are set to open fractionally higher on Monday as investors continue to watch rising diplomatic tensions between the U.S. and China, while corporate earnings season gathers momentum. red index monday , sp500 dow jons , nasdaq
Source: CNBC - 🏆 12. / 72 Read more »

Travel stocks weigh on Europe after UK quarantine move on SpainEuropean shares fell on Monday as travel stocks slumped in early deals after Britain imposed a quarantine on travellers returning from Spain because of a surge of coronavirus cases.
Source: Reuters - 🏆 2. / 97 Read more »

Gold Touches New Record as Global Stocks Edge HigherThe precious metal has been buoyed by a gloomy global economic outlook, falling interest rates, rising U.S.-China tensions and a weakening of the dollar. Yes, I was looking for the lost brick, thanks for returning it.
Source: WSJ - 🏆 98. / 63 Read more »

European stocks set for mixed open as investors monitor U.S. stimulus hopes, coronavirus casesEuropean stocks are heading for a mixed open on Tuesday as signs of progress on fresh U.S. government stimulus efforts weigh off against concerns about a burgeoning coronavirus resurgence worldwide.
Source: CNBC - 🏆 12. / 72 Read more »

US stocks rise as tech trades higher, investors await stimulus bill | Markets InsiderUS stocks rose on Monday as investors looked to major earnings on deck this week and awaited the release of the GOP's coronavirus stimulus plan.... Meanwhile, their customers are getting screwed.
Source: BusinessInsider - 🏆 729. / 51 Read more »