News Formal

Europe: Stocks post worst week since October on vaccine woes

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

[BENGALURU] European stocks slid on Friday, recording their worst weekly performance since October as concerns around the slow rollout of Covid-19 vaccines mount, while a retail trading frenzy led to volatility on Wall Street. Read more at The Business Times.

Europe urgently needs more shots to speed up its inoculation programme, with AstraZeneca, Pfizer and Moderna facing difficulties in delivering the shipments to the bloc.

"I'm still optimistic on parts of Europe which have lagged rather badly, economically and in markets. They could begin to perform as the cyclical catch-up becomes more important." In a busy day for earnings, Sweden's Ericsson jumped 7.6 per cent after reporting fourth-quarter core earnings ahead of market estimates on the back of strong sales of 5G equipment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

Europe: Stocks sink at open in global sell-off[LONDON] European stock markets sank at the open on Thursday, extending the previous day's heavy losses as a global sell-off gathered speed. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks close higher on Wall Street, airlines bounce[BENGALURU] European stocks closed higher on Thursday as a bounce in Wall Street stocks, gains in airlines and upbeat earnings reports drove a reversal of early losses across markets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks rebound in early deals[LONDON] European stock markets rebounded early Monday from recent heavy losses, with London's benchmark FTSE 100 index up 0.7 per cent at 6,452.24 points. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks rally at open[LONDON] European stock markets rallied at the open on Wednesday, building on the previous session's strong gains driven by progress over a US stimulus deal and on tackling the coronavirus pandemic. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks steady at open, ahead of US jobs data[LONDON] European stock markets largely steadied at the start of trading on Friday as investors awaited key US jobs data. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »