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Europe stocks close slightly lower after strong first half; mining stocks up 2% - TL;DR CNBC

Europe stocks close slightly lower after strong first half; mining stocks up 2%

Publishing timestamp: 2023-07-03 11:56:21


Summary

European stock markets closed slightly lower after a positive first half of the year. Mining and oil and gas stocks performed well, while health care stocks, specifically AstraZeneca, fell due to disappointing trial results. Inflation in the Euro zone fell more than expected, but core inflation continued to rise. Asian markets rose, and U.S. markets were little changed. Saudi Arabia announced an extension of its oil production cut. Tesla reported strong second-quarter numbers. Investors are looking for opportunities in the booming AI sector. European equity markets are expected to open higher.


Sentiment: MIXED

Tickers: .GDAXI.SPXAZN-GB.FCHI.IXIC.FTSE.FTMIB.DJI.STOXX

Keywords: ftse mibbreaking news: marketsbusiness newsstock marketsastrazeneca plcpricescac 40 indexftse 100marketsunited statesstoxx 600dax

Source: https://www.cnbc.com/2023/07/03/european-markets-set-to-open-higher-after-strong-first-half-gains.html


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