European markets close lower as caution lingers around global stocks; mining stocks lead losses
Publishing timestamp: 2023-08-18 11:33:14
Summary
The article discusses the retreat of European markets due to cautious global sentiment, concerns about China's real estate sector, and the U.S. Federal Reserve's indication of potential interest rate hikes. It also mentions specific companies that experienced losses, such as GN Store Nord and ALK-Abell. The article highlights the decline of Hong Kong's benchmark stock index and the filing for bankruptcy protection by Evergrande. It also mentions the decline in U.K. retail sales and provides market opening predictions for FTSE 100, Germany's DAX, and France's CAC 40. The article concludes by mentioning the rocky month for stocks and the choice between bonds and stocks for investors.
Sentiment: NEGATIVE
Tickers: ALK.B-DK, 0OIR-GB, BABA, .HSI, BRK.B, EMBRAC.B-SE, .DJI, ADYEN-NL, 3333-HK, .SPX, GN-DK, .GDAXI, 0GFE-GB, .STOXX, .FCHI, SPY, 700-HK, 5-HK, 0K9P-GB, .FTSE, US10Y,
Keywords: business news, banks, ftse 100, markets, stoxx 600, dow jones industrial average, gn store nord a/s, embracer group ab, s&p 500 index, wall street, dax, adyen nv, alk-abello a/s, investment strategy, cac 40 index, u.s. 10 year treasury, china evergrande group,