has reported earnings and so far less than half of them have beaten expectations, fewer than in a typical quarter. Not only that, shareholders are severely punishing any misses in a sign the market's tolerance for meagre results is running low.
Since then, Chinese growth has lost momentum, which has raised concern how European companies exposed to the world's second-biggest economy would fare while already dealing with persistent global price pressures and rising borrowing costs.
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European stocks lower; LVMH weighs ahead of Fed rate decision By Investing.comโ ๏ธBREAKING: *EUROPEAN SHARES SINK ACROSS THE CONTINENT; FRANCE'S CAC 40 DOWN ALMOST 2% ๐ช๐บ๐ฉ๐ช๐ซ๐ท๐ฎ๐น๐ณ๐ฑ๐ช๐ธ
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