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European markets close higher on strong earnings; U.S. inflation cooler than expected - TL;DR CNBC

European markets close higher on strong earnings; U.S. inflation cooler than expected

Publishing timestamp: 2023-08-10 11:55:46


Summary

The article discusses the performance of European markets, including the pan-European Stoxx 600 index, which closed higher due to strong earnings in the household goods sector. It also mentions the U.S. inflation print, with the consumer price index slightly below expectations. The article highlights the corporate earnings reports of various companies, including Siemens, Zurich Insurance, Thyssenkrupp, Deutsche Telekom, HelloFresh, and Deliveroo. It also mentions the performance of U.S. stocks and specific companies such as Fastighets AB Balder, Wienerberger, Knorr-Bremse, and Watches of Switzerland. The article concludes with brief mentions of Novo Nordisk, the expected opening of the FTSE 100, Germany's DAX, and France's CAC 40, as well as Japan's wholesale inflation rate and income sources for investors.


Sentiment: NEUTRAL

Tickers: ZUR.N-CHENR-FF.STOXX.GDAXITKA-DE.DJISIE-DE.NSEIROO-GBDTE-DE.IXIC.FTSEENR-DE.FCHINOVO.B-DK.SPXHFG-DEBALD.B-SEKBX-DE

Keywords: hellofresh secac 40 indexftse 100stoxx 600thyssenkrupp aginvestment strategyzurich insurance group agwall streetdeliveroo plcbusiness newssiemens energy agmarketsnovo nordisk a/sdeutsche telekom agknorr bremse ags&p 500 indexfastighets ab balderbanksdaxsiemens ag

Source: https://www.cnbc.com/2023/08/10/european-markets-open-to-close-earnings-data-and-news.html


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