European shares slip at open in earnings tide, Fed outcome

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European shares slip at open in earnings tide, Fed outcome

- European shares opened on a sombre note on Thursday as investors returned after a mid-week holiday to parse a slew of big-ticket earnings and the Federal Reserve signalling a delay in interest rate cuts.Investors were back after the Labour day holiday on Wednesday, a day that saw the Fed signal rates would stay higher for longer owing to recent disappointing inflation readings.

Energy stocks dropped 1.7%, with Vestas losing 4.2% after the world's largest wind turbines maker reported a surprise first-quarter loss.) jumped 5.4% after a 2.5 billion euro share buyback and a strong first-quarter performance. Britain's Standard Chartered (OTC:Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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European stocks head for positive open despite Fed comments rattling global marketsEuropean stocks are expected to open in positive territory despite global markets being rattled by comments from the head of the U.S. Federal Reserve.
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