European Stocks Decline as Autos and Travel Led Losses

Autos stocks led losses, down 1.24% as they extended Thursday's decline, while travel and leisure stocks shed 1.3%. One of the few sectors to rise was financial services stocks, which were last 0.67% higher. Airline stocks climbed 5% and was on course for its best week since October on reports of a series of new airline fuel contracts. The stock was last up 4.5%.Fiat was down 3.16% after the Italian carmaker reported a 45.

7% reduction in car production in 2024 — its lowest output since 1956, according to Reuters news agency. The pan-European benchmark had closed higher on Thursday after a volatile first trading session of the year. Investors weighed regional and global political uncertainty that could affect markets and the economy, including political instability in France, upcoming elections in Germany and potential tariffs under U.S. President-elect Donald Trump.Inflation fell to 44.38% on an annual basis in December, down from 47.09% in November. Economists had expected inflation to fall to 45.2%, according to a Reuters poll.The Polish consumer price index reflected a 4.8% increase in December on an annual basis, also below a Reuters forecast.said the number of unemployed people increased by 33,000 to 2.807 million in December compared to the previous month. The unemployment rate edged 0.1% higher to 6%, the agency added

France Dernières Nouvelles, France 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 pull back; autos stocks fall over 1%European markets were lower on Friday after a rocky start to 2025 for stocks around the world.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks decline after Fed cuts rates as expectedU.S. stocks fell on Wednesday, erasing earlier gains after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank's economic projections signaled a slower pace of cuts next year.
La source: KSLcom - 🏆 549. / 51 Lire la suite »

Asian Stocks Decline Following US Fed Rate CutAsian stock markets experienced a decline on Thursday following a downturn in US markets. The Federal Reserve's decision to reduce its key interest rate by 0.25% contributed to the negative sentiment.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Mixed Bag on Wall Street as Stocks Mostly Decline After Fed ProjectionsStocks continued to slide after the Federal Reserve released its economic projections on Wednesday, signaling a potential economic slowdown. The Dow Jones Industrial Average broke its 10-day losing streak, but the S&P 500 and Nasdaq Composite continued their downward trend. Despite the mixed signals, some analysts see this as a buying opportunity.
La source: nbcsandiego - 🏆 524. / 51 Lire la suite »

Tech Stocks Projected to Decline in 2025This article analyzes the performance of tech stocks in 2024 and predicts potential declines in 2025. It highlights Tesla and AppLovin as stocks likely to see negative returns.
La source: CNBC - 🏆 12. / 72 Lire la suite »