European Stocks Set to Open Higher with Data in Focus
Chip stocks fell after reports of progress at China’s CXMT, while investors awaited ASML’s Wednesday results and weighed weaker luxury sales.
- The Stoxx 600 fell 0.1% to 635.01 points, ending a two-day winning streak.
- Chip stocks declined after reports that China’s CXMT had made progress in chip design, raising competition concerns.
- ASM International dropped 6.3%, while technology stocks fell 1.6%; chemicals led sector gains with a 2% rise.
- Investors assessed lower oil prices, Middle East supply risks, and other market concerns.
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58 Articles
Energy companies and Repsol lead the Spanish selective rise
Europe's main stock indices ended on Tuesday (13) in a slight fall, close to stability, returning the high view earlier and part of the recovery of the day before. There was some support for a fall in oil prices and debt securities yields at the beginning of the summit, but losses in the luxury and technology sectors ended up overlapping with the positive feeling, while investors reflected the start of the third quarter's balance-sheet season. A…
Scepticism around the universe of artificial intelligence has ended up splashing Europe
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The Ibex 35 has started the session this Tuesday with an advance of 0.28%, until 19,340.6 points, after closing on Monday with a rise of 1.3% that left it at the doors of the 19,300 integers. The movement takes place after the Asian exchanges have suffered collapses due to a heavy sale in the semiconductor sector. The falls have not affected the European park, which lacks a dense concentration of companies focused on artificial intelligence, whi…
The Ibex 35 has started the session this Tuesday with an advance of 0.28% that has led it to reach the 19,340.6 points after closing on Monday with a rise of 1.3% that made it rub the 19,300 points. In this framework, the greatest ascents among the components of the Ibex 35 starred them ... Continue reading "The oil gives a breath and the Ibex 35 takes advantage to climb and cross the barrier of the 19,300 points"
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