News Formal

Europe: Stocks hit by US-China tensions, recovery doubt

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

[BENGALURU] European shares fell on Thursday, as signs of worsening US-China relations added to concerns over the pace of recovery from the coronavirus-led economic downturn. Read more at The Business Times.

After hitting rock bottom in April, IHS Markit's Flash Composite Purchasing Managers' index recovered to 30.5 from April's 13.6, but was still far below the 50 mark separating growth from contraction.

"Should cases re-emerge, it will remind investors that the path back to growth will be slow and bumpy. Add to that the National Congress meeting in China amid boiling US-China tensions." However, banks, oil and gas and technology companies were the biggest drags on the index on Thursday as risk appetite took a hit.

Premier Inn owner Whitbread tumbled 13.4 per cent after it said it would seek £1.01 billion in fresh cash from shareholders to help weather the Covid-19 crisis.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 15. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Europe: Stocks ease at openLONDON] European stock markets eased at the start of trading on Wednesday, with London down 0.2 per cent. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

Tech rally leads US stocks higherNEW YORK (AFP) - Led by tech giants, Wall Street stocks finished solidly higher on Wednesday (May 20) as investor optimism over the reopening of the economy offset worries about the hit from coronavirus shutdowns.. Read more at straitstimes.com.
Fonte: The Straits Times - 🏆 8. / 63 Leggi di più »

Stocks to watch: Manulife US Reit, Del Monte, Vicom, Keppel DC Reit, PropNexTHE following companies saw new developments that may affect trading of their securities on Thursday: Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »