The Stoxx Europe 600 was down 0.4% by the close in London, with technology stocks being the region’s biggest decliner, while financial services stocks advanced.
The rally in both European and US stock indices following Nvidia’s results “ran out of puff as investors took money off the table ahead of Jerome Powell’s Jackson Hole speech on Friday,” Axel Rudolph, senior market analyst at IG said. He added that the Federal Reserve Chair is expected to “disappoint investors looking for reassurance that US rates have peaked.”
“And of course, the enthusiasm currently is in tech, to which European indices have small exposure only, and the short-term rally may run out of steam,” she added. Among individual stocks, Harbour Energy Plc dropped after the oil and gas company reported a first-half loss and narrowed its production outlook range. UBS Group AG advanced, leading gains in the financial services subgroup, after the Zurich-based lender was reported to have set a target of winding down Credit Suisse Group AG’s domestic bank.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Tech stocks rally, yields drop, ahead of Nvidia earnings: Stock market news todayStocks were higher on Wednesday afternoon with investors bracing for results from Nvidia after the bell.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »
Stocks open higher ahead of Nvidia earnings: Stock market news todayStocks opened higher on Wednesday morning with investors bracing for results from Nvidia after the bell.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »
Stock market today: Tech stocks rally after blowout Nvidia profit, while rest of Wall Street driftsTechnology stocks are jumping in early trading following a blowout profit report from Nvidia, but moves for the rest of Wall Street are more muted. The S&P 500 was 0.3% higher early Thursday, continuing a strong week that has trimmed its loss for August so far.
مصدر: CTVNews - 🏆 1. / 99 اقرأ أكثر »
Stock market today: Tech stocks rally after blowout Nvidia profit, while rest of Wall Street driftsNEW YORK (AP) — Technology stocks are jumping in early trading following a blowout profit report from Nvidia, but moves for the rest of Wall Street are more muted. The S&P 500 was 0.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Analysis-Investors look to AI-darling Nvidia's earnings as US stocks rally wobblesBullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks. Nvidia shares have tripled in 2023, underscoring how a rebound in megacap stocks and excitement over the business potential of artificial intelligence have helped propel the S&P 500 to a 14% gain this year. The chipmaker’s year-to-date increase has led gains among the so-called Magnificent Seven group of megacap stocks, which also include Apple and Microsoft.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »