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European markets close lower after Fed officials hint at further rate hikes; Embracer Group up 13% - TL;DR CNBC

European markets close lower after Fed officials hint at further rate hikes; Embracer Group up 13%

Publishing timestamp: 2023-08-17 11:41:45


Summary

The article discusses the retreat of European markets after the release of the U.S. Federal Reserve's July meeting minutes, which indicated that further interest rate hikes could be necessary. It also mentions specific companies and their performance, as well as the impact of negative signals from China on European companies.


Sentiment: MIXED

Tickers: EMBRAC.B-SE,  .SPX,  0A2M-GB,  .DJI,  0K9P-GB,  .GDAXI,  .FTSE,  GN-DK,  .STOXX,  PHIA-NL,  .IXIC,  BAC,  .FCHI,  ADYEN-NL, 

Keywords: business news,  banks,  ftse 100,  markets,  stoxx 600,  gn store nord a/s,  embracer group ab,  s&p 500 index,  wall street,  dax,  adyen nv,  investment strategy,  cac 40 index,  london,  united states,  prices,  koninklijke philips nv, 

Source: https://www.cnbc.com/2023/08/17/european-markets-open-to-close-earnings-data-and-news.html


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