Published 2 years ago

Chipmakers weigh on European shares; focus on U.S. jobs data

Summary by Ground News

European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung and Advanced Micro Devices. The continent-wide STOXX 600 index was down 0.3%, as of 0800 GMT, in line with a downbeat Asian trading session. The index closed lower on Thursday after minutes from the European Central Bank's last meeting fanned fears about the state of inflation in the euro zone.

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Reuters

Chipmakers weigh on European shares; focus on U.S. jobs data

By Devik Jain -European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung and Advanced Micro Devices, while recession fears lingered amid signs that central banks would remain aggressive with policy tightening. The continent-wide STOXX 600 index was down 0.3%, as of 0800 GMT, in line with a downbeat Asian trading session. [MKTS/GLOB]

2 years ago·United Kingdom

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IBTimes

Chipmakers Weigh On European Shares; Focus On U.S. Jobs Data

European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung and Advanced Micro Devices, while recession fears lingered amid signs that central banks would remain aggressive with policy tightening.

2 years ago·United States

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Arab News

Chipmakers weigh on European shares; focus on US jobs data

Fri, 2022-10-07 11:40 BENGALURU: European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung and Advanced Micro Devices, while recession fears lingered amid signs that central banks would remain aggressive with policy tightening, according to Reuters. The continent-wide STOXX 600 index was down 0.3 percent, as of 0800 GMT, in line with a downbeat Asian trading session.Main category: Business & E…

2 years ago·Riyadh, Saudi Arabia

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The Economic Times

Chipmakers weigh on Europe's STOXX 600; focus on U.S. jobs data

All eyes are on the U.S. nonfarm payrolls report, due at 1230 GMT, which will show job growth likely slowed in September, although overall labour market conditions remain tight, providing the Federal Reserve with cover to continue hiking rates.

2 years ago

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