European stock markets close lower as investor uncertainty resurfaces
Publishing timestamp: 2023-04-05 12:09:51
Summary
European stock markets fell for the third straight session due to uncertainty over the global economic outlook. The Stoxx 600 index closed 0.16% lower, with sectors and major bourses pointing in different directions. UBS held its first shareholder meeting since its controversial takeover of Credit Suisse, and gold prices have extended their recent rally. Sodexo shares jumped more than 9% after the French hospitality company reported strong first-half earnings and announced its intention to spin off its benefits and rewards unit in 2024. Investors seeking safety and attractive yields are rushing into money market funds at record levels.
Sentiment: NEUTRAL
Tickers: .FCHI, DIS, VOLV.B-SE, .GDAXI, .FTMIB, .FTSE, NFLX, .STOXX, UBS, CSG.N-CH, SW-FR, UBSG-CH,
Keywords: cac 40 index, ftse 100, breaking news: europe, dax, united states, business news, ubs group ag, credit suisse group ag, sodexo sa, stoxx 600,