European stocks mixed; Fed meeting, eurozone CPI prompts caution By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

European stocks mixed; Fed meeting, eurozone CPI prompts caution

) stock fell almost 6% after the DIY chain issued a profit warning, citing disappointing results from its French and Polish businesses.

Ocado stock rose 3% after the online grocer posted a sharp rise in sales from its retail arm, and opened its new Luton distribution centre, aimed at cutting costs of its operation. Naked Wines stock slumped 8.6% after the online wine retailer posted a hefty loss and warned of its to it continuing as a going concern.Oil prices continued to power ahead Tuesday, rising for the fourth consecutive session, on further supply concerns following the release of a weak U.S. shale production forecast.

U.S. oil output from top shale-producing regions is on track to fall for a third month in a row in October to the lowest level since May 2023, the U.S. Energy Information Administration said in its monthly drilling productivity report on Monday. This has added to worries of a substantial supply deficit this year stemming from extended production cuts by Saudi Arabia and Russia.

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.

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.

European stocks mixed; Fed meeting, eurozone CPI prompt caution By Investing.comEuropean stocks mixed; Fed meeting, eurozone CPI prompt caution
Source: Investingcom - 🏆 450. / 53 Read more »

European stocks edge lower; caution ahead of central bank meetings By Investing.comEuropean stocks edge lower; caution ahead of central bank meetings
Source: Investingcom - 🏆 450. / 53 Read more »