The Sell-Off in Technology Stocks Led to a Mixed Close for European Markets.
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European stock markets closed the second trading day of the week mixed, influenced by cautious anticipation in global markets, sharp sell-offs in technology stocks, and the start of the third-quarter earnings season in the US.
European stock markets closed mixed, affected by sharp sell-offs in technology stocks and the start of the third-quarter earnings season in the US. At the close, the Stoxx Europe 600 fell 0.10 percent to 635.01 points, while the EuroStoxx 50 dropped 0.55 percent to 6,167.01 points.
Most major European stock exchanges ended the session on Tuesday, October 13, with marginal losses, as pressure on technology stocks and the luxury goods sector limited the momentum that had formed at the start of trading. Investors moved cautiously, assessing developments in the semiconductor industry, the latest corporate results and the prospects for consumer demand, with particular emphasis on the Chinese market. In this context, the pan-Eur…
European stock markets lost early gains on Tuesday and closed significantly lower. Shares of companies that supply their products for artificial intelligence infrastructure fell sharply, and large industrial companies also weakened, reports the tradingeconomics portal. The pan-European Stoxx 600 index fell...
The European exchanges closed down on Tuesday (13), in a session marked by pressure on semiconductor manufacturers, in the face of the fear of greater Chinese competition. The oil drop sustained the appetite for risk and helped limit losses. The pan-European index Stoxx 600 closed the negotiations with a decrease of 0.10%, to 635.01 points. [...]
The European exchanges closed mostly in fall this Tuesday, 13, in session marked by pressure on semiconductor manufacturers, facing...
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