European markets close lower as investors digest U.S jobs data; Next rises 7%
Publishing timestamp: 2023-01-05 05:31:12
Summary
European markets dipped Thursday as global markets digested strong jobs data from U.S. and hawkish Federal Reserve minutes. U.K. equity funds saw record outflows last year, and U.K. fashion retailer Next topped pan-European Stoxx 600 Thursday following promising pre-tax profit forecast. Citi is bearish on lithium at least for near future, and Bank of America sees 50% upside in shares of global fertilizer maker due to worldwide shortage. European markets are heading for higher open Monday as investors gauge inflation outlook globally after positive signs from U.S. data last week.
Sentiment: MIXED
Tickers: .GDAXI, PSON-GB, .FTSE, .FCHI, .FTMIB,
Keywords: united states, ftse 100, cac 40 index, ftse mib, stoxx 600, business news, breaking news: europe, dax, vladimir putin,
Source: https://www.cnbc.com/2023/01/05/european-markets-live-updates-stocks-news-data-and-earnings.html