European Stocks Muted as Worst October Since 2020 Comes to End

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

(Bloomberg) -- European stocks were subdued on Tuesday, heading for their biggest drop for the month of October since 2020, as investors mulled mixed...

-- European stocks were subdued on Tuesday, heading for their biggest drop for the month of October since 2020, as investors mulled mixed earnings reports ahead of the Federal Reserve’s policy decision this week.The Stoxx Europe 600 was up 0.1% at 8:12 a.m. in London, with the food and beverage sector and chemicals stocks gaining while energy shares lagged.

While October has typically ended with positive returns over the past 25 years, that pattern was shattered this month, raising doubts about the prospect of a year-end rally. Technicals and positioning are providing some support but are not yet strong enough to offset macroeconomic and geopolitical headwinds. All eyes are on the Fed’s rate decision on Wednesday, as well as the Treasury Department’s new borrowing plan.

Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today.Are you looking for stocks to buy before the next bull market? Here are two top picks! The post A Bull Market Is Coming: 2 Spectacular Growth Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.

"Unless there are significant declines in interest rates, we believe that credit losses will inevitably rise, perhaps significantly in 2025 and beyond."

 

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:

 /  🏆 47. in RU

Россия Последние новости, Россия Последние новости