European stocks fall as healthcare, construction sectors drag

  • 📰 Reuters
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

European shares fell for a third straight session on Wednesday, as losses in healthcare and construction stocks countered a lift from encouraging earnings from consumer giant Nestle and telecoms equipment maker Ericsson.

lifted its 2020 sales forecast following a quarterly beat, but shares inched lower after early gains.jumped 5.5% as higher margins and China's 5G rollout helped the company beat quarterly core earnings estimates.

“But there are other elements that are currently at play and may have a bigger impact on the market performance than earnings.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks steady and U.S. futures rise ahead of self-imposed stimulus talks deadlineEuropean stocks traded in a tight range on Tuesday on worries over the political environment on both sides of the Atlantic, as a wave of the Continent's...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks fall on Wall Street as hopes for new economic aid fadeStocks gave up some of their recent gains Monday as hopes faded on Wall Street that Washington will come through with badly needed aid for the economy before election day.
Source: latimes - 🏆 11. / 82 Read more »

One underdog sector is beating the market this month, but two traders stand divided on its prospectsS&P 500 utilities stocks are outperforming all other sectors over the past month, but two traders disagree over where the group will go next. WHY do LITTLE CHINESE GIRLS......RUN in TERROR when they see HUNTER?
Source: CNBC - 🏆 12. / 72 Read more »

Asian stocks set for modest gains as tech woes check stimulus hopesAsian stocks were set for modest gains on Wednesday after renewed U.S. stimulus hopes helped Wall Street higher, although wobbles in the tech sector could keep a lid on investor sentiment.
Source: Reuters - 🏆 2. / 97 Read more »