European equities closed broadly flat as positive earnings reports and optimism about US stimulus offset concerns about rising virus cases.[BENGALURU] European equities closed broadly flat as positive earnings reports and optimism about US stimulus offset concerns about rising virus cases.Shares pared some losses in the final hour after US House Speaker Nancy Pelosi said a stimulus deal is close.
Travel, auto and banking stocks outperformed, while tech shares lagged. Schneider Electric gained after boosting its 2020 sales outlook, while Neste advanced on a profit beat. European equities have erased October's advance as risks mount. The Netherlands joined Germany and at least six other nations in reporting a record rise in coronavirus infections.
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Europe: Stocks near one-month low as German consumer morale weakens[BENGALURU] European stocks hit their lowest level in almost a month on Thursday, as a fall in German consumer morale, worries about soaring coronavirus cases and a US stimulus impasse weighed on sentiment. Read more at The Business Times.
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Asian stocks set for modest gains as tech woes check stimulus hopesAsian stocks were set for modest gains on Wednesday after renewed U.S. stimulus hopes helped Wall Street higher, although wobbles in the tech ...
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Hong Kong: Stocks end the day higher[HONG KONG] Hong Kong shares closed slightly higher Thursday but gains were limited, as US lawmakers struggle to hammer out a fresh stimulus deal before the presidential election next month. Read more at The Business Times.
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Singapore stocks rise at open, tracking modest gains on Wall Street; STI up 0.3%SINGAPORE shares opened slightly higher on Wednesday after US markets saw modest gains amid renewed hopes for a stimulus package. Read more at The Business Times.
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Hong Kong: Stocks rise at open[HONG KONG] Hong Kong stocks kicked off Wednesday on a positive note, tracking a rally on Wall Street and fuelled by fresh hopes of a US stimulus breakthrough. Read more at The Business Times.
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