Cyclical stocks knock Europe lower, focus on EU talks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

European shares fell on Monday, dragged down by cyclical sectors amid a surge in coronavirus cases globally, while investors remained cautiously optimistic about the ongoing talks over an EU-wide recovery fund.

An index of eurozone shares .STOXXE were down 0.5%, with the euro jumping to a four-month high. [FRX/]

EU leaders were making progress after three days of haggling over a plan to revive economies throttled by the COVID-19 pandemic, but Dutch Prime Minister Mark Rutte warned the discussions could still fall apart. The broader European equities index also fell 0.5%, while Asian markets remained subdued as coronavirus cases increased in many countries. [GLOB/MKTS]

Travel & leisure .SXTP fell 2.2%, the biggest sectoral decliner in Europe, while oil & gas companies .SXEP, automakers .SXAP and banks .SX7P dropped more than 1% each. Swiss wealth manager Julius Baer Gruppe AG declined 5.5% as it reported a 6% drop in assets under management from end-2019 in the six months through June.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Trump fails to call Ireland's premier who said Europe must 'stand up' to him - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Ugh we’re so tired of this man He just hates criticism
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »