European Stocks Drop as Luxury Sees $30 Billion Value Wipeout

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European stocks fell, weighed down by a slump for luxury shares that wiped more than $30 billion off their market value, after Kering SA warned that sales at Gucci have plunged.

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Fed likely to cut rates twice this year, economist says‘The elephant in the inflationary room’: Economists react to CPI dataOttawa should keep its 'hands off' pension funds, says former OTPP headGrocery inflation dipped to 2.

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European Stocks Steady as Investors Await Central Bank MeetingsEuropean stocks are hovering near record levels as investors get ready for the US Federal Reserve and Bank of England interest rates decisions later this week.
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BofA Survey Shows Risk-On Rotation Out of US Tech Into European StocksInvestors are in a risk-on mood, and are snapping up stocks in Europe and emerging markets at the expense of the US and the technology sector, according to Bank of America Corp.’s latest fund manager survey.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »