News Formal

Europe: Stocks hit one-month low as virus fears dominate

  • 📰 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 stocks extended losses on Tuesday as worries about the economic fallout of tighter coronavirus restrictions on the continent overshadowed some better-than-expected earnings reports. Read more at The Business Times.

German Chancellor Angela Merkel is planning a"lockdown light" in Europe's largest economy that would mainly focus on the closure of bars and restaurants to slow down a second wave of infections, newspaper Bild reported.

But shares in oil major BP fell 2.1 per cent. The company swung back to a small profit in the third quarter, but also warned of pandemic-related uncertainties. Europe's oil and gas sector index touched its lowest level in seven months. Spain's IBEX index fell 2.1 per cent, also on worries about the economic impact of coronavirus-related curbs.Out of the 27 per cent of the Stoxx 600 companies that have reported so far, 73 per cent have beat profit expectations, according to Refinitiv data.

 

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.

Tokyo: Stocks close lower on virus fears[TOKYO] Tokyo stocks closed lower on Monday over worries about coronavirus cases spiking in Europe and more countries imposing new measures against the pandemic. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

China: Stocks finish with losses[SHANGHAI] Mainland Chinese shares closed in negative territory on Monday, in line with losses across Asia, while investors were keeping tabs on a policy meeting of the Communist Party this week. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »