News Formal

U.S. stocks, futures drop with earnings, rates in focus - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 50%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

European stocks and U.S. equity futures dropped following mixed corporate earnings and as investors studied the latest assessment on the U.S. economy for clues on the path for interest rates.

Autos led declines in the Stoxx Europe 600 index as Renault SA fell the most in almost five months, with concerns over pricing pressure outweighing the French carmaker's first-quarter sales beat. Germany's DAX underperformed as other auto- and partsmakers fell. L'Oreal SA gained after the cosmetics maker reported strong demand. Contracts for the Nasdaq 100 retreated by more than one per cent. A region-wide index of Asian stocks edged lower.

Elsewhere on the monetary policy front, European Central Bank Governing Council member Klaas Knot said the ECB may need to follow a widely expected hike next month by raising rates in June and July. “It's too early to talk about a pause,” the Dutch central bank chief told the Irish Times newspaper in an interview published Thursday. “For a pause, I would really need to see a convincing reversal in underlying-inflation dynamics.

In Asia, Taiwan Semiconductor Manufacturing Co. forecast worse-than-anticipated revenue for the current quarter, reflecting a persistent slump in demand for everything from smartphones to server chips. Apple Inc.'s most important chipmaker warned that demand from the mobile and PC industries would remain “soft” for now.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 83. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Loblaw hiring European retail executive Per Bank as companies next CEO - BNN BloombergLoblaw Companies Ltd. is hiring veteran European retail executive Per Bank as its next president and chief executive.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »

U.S. stocks bounce back; bond yields climb on Fed bets - BNN BloombergStocks saw small moves as the possibility of further Federal Reserve policy tightening lifted Treasury yields and investors stayed on the sidelines amid bank earnings.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »