European markets close lower; UBS ends Credit Suisse protection measures, shares up 4.7%
Publishing timestamp: 2023-08-11 11:56:36
Summary
The article discusses the European markets closing lower due to investors digesting earnings and U.S. inflation data. UBS announced the end of a loss protection agreement and liquidity backstop. The article also mentions the mixed performance of Asian and U.S. markets. Additionally, it discusses the impact of obesity drug trials on various companies and the performance of U.S. regional banks.
Sentiment: MIXED
Tickers: NOVO.B-DK, .STOXX, .FTMIB, DXCM, .FCHI, LLY, .FTSE, 0R3T-GB, .GDAXI, .SPX,
Keywords: breaking news: markets, dax, cac 40 index, prices, stock markets, united states, economic events, stoxx 600, business news, ftse 100, markets, ftse mib,
Source: https://www.cnbc.com/2023/08/11/european-markets-open-to-close-earnings-data-and-news.html