European stocks lower on recession fears; Boohoo slumps By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

*EUROPEAN STOCKS FALL ACROSS THE REGION AS RECESSION FEARS BITE 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇳🇱🇬🇧

) stock fell 5.3% after the U.K.-based fast fashion company stated the outlook for the year ahead is still"uncertain due to macro-economic factors”, expecting revenue to drop around 12% in the current fiscal year.

Deliveroo stock rose 0.6% after the food delivery company upgraded its annual core profit margin after elevated prices and cost cutting helped ease the impact from a downturn in orders in the fourth quarter. Lufthansa stock fell 0.3% after the German airline offered to buy an initial minority stake in ITA, Italy's state-owned successor to Alitalia.

Oil prices fell Thursday as weak U.S. economic data and an industry report showing a surprise jump in U.S. crude stocks raised demand concerns over the largest economy in the world. Data released Wednesday showed a sharp decline in U.S. retail sales and manufacturing output, raising fears of a recession this year.

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:

 /  🏆 450. in İE
 

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

EUROPEAN STOCKS FALL ACROSS THE REGION AS OPTIONS EXPIRY WEEK MANIPULATION.

Sell sell sell, so I can buy cheap!! 🤘

Would be lovely to see EURUSD dropping and start selling off once again amid dollar strength

Ireland Ireland Latest News, Ireland Ireland Headlines

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

U.S. stocks are falling after Goldman's earnings miss weighs on Dow By Investing.com*DOW TUMBLES 360 POINTS AS U.S. STOCKS DROP AFTER GOLDMAN'S EARNINGS MISS $DIA $SPY $QQQ 🇺🇸 🇺🇸 allstarcharts Does any of that stuff make any GD sense? Stocks go up because of this? Stocks go down because of that?
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks fall after data showing a cooling economy By Investing.com*U.S. STOCKS FALL AFTER DATA SHOWING A COOLING ECONOMY AS JANUARY RALLY LOSES STEAM $DIA $SPY $QQQ 🇺🇸🇺🇸 No because fake drama ;) But the fed WANTS a cooling economy. This makes no sense. Bad economic news has been good news for the market until today… 🤔
Source: Investingcom - 🏆 450. / 53 Read more »

Dow futures tick lower, earnings in focus By Investing.com*U.S. STOCK FUTURES TICK LOWER AHEAD OF MORE EARNINGS AS INVESTORS RETURN FROM HOLIDAY $DIA $SPY $QQQ 🇺🇸 🇺🇸 👀 This is the reason I love $QQQ. Well-diversified so I don’t have to worry about individual fundamentals and churn in my portfolio.
Source: Investingcom - 🏆 450. / 53 Read more »

Stock & bond market outlook: investing strategy advice from Phil ToewsBehavioral investing expert Phil Toews sees upside for stocks and bonds now — but warns investors that a bigger, longer-lasting downturn might be on the way
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dow drops more than 600 points as U.S. stocks end lower amid economic slowdown fearsU.S. stocks closed sharply lower Wednesday after fresh economic data showed retail sales fell in December, with investors worried about slowing growth. The Dow Jones Industrial Average sank more than 600 points to end 1.9% lower:
Source: MarketWatch - 🏆 3. / 97 Read more »