News Formal

Europe: Earnings drive big swings in stocks ahead of Fed meeting

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

[BENGALURU] Europe's main stocks benchmark closed nearly flat on Wednesday, as investors waited to hear from the US Federal Reserve, but a flurry of earnings reports drove big swings in individual stocks. Read more at The Business Times.

France's CAC 40 outperformed its continental peers with a 0.6 per cent rise after positive earnings updates from luxury group Kering, electrical equipment group Schneider Electric and consulting firm Capgemini.

"Companies that have managed earnings and sales, there have been aggressive cost measures put in place." Eurozone banks took a beating as Deutsche Bank fell 2.5 per cent after giving a slightly improved outlook for the year, but chief executive Christian Sewing damped speculation that the lender was eager to revive merger talks with Commerzbank.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 15. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Europe: Defensive stocks help close higher as focus turns to US stimulus[BENGALURU] European shares closed modestly higher on Tuesday, as investors assessed a batch of mixed earnings reports while holding out for more US stimulus to limit the economic damage of Covid-19. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »

Europe: Travel stocks drag Stoxx 600 lower after UK's quarantine move on Spain[BENGALURU] European shares slipped on Monday with travel stocks leading the declines after Britain imposed a two-week quarantine on travellers returning from Spain after a surge in coronavirus cases. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »