Europe stocks close lower to end negative month; euro zone inflation holds steady; UBS up 6%
Publishing timestamp: 2023-08-31 11:41:48
Summary
The article discusses European stock markets closing slightly lower after the release of euro zone inflation data and UBS posting its first set of results since completing its takeover of Credit Suisse. UBS reported a second-quarter profit that exceeded projections, leading to a positive market reaction. However, there were also negative developments, such as Pernod Ricard warning of a sales slowdown and Glencore facing accusations of lying.
Sentiment: MIXED
Tickers: UBS, GOOGL, .DJI, AMZN, UBSG-CH, .IXIC, NVDA, META, .STOXX, .SPX, AAPL, OCDO-GB, MSFT, TSLA,
Keywords: markets, stoxx 600, stock markets, business news, breaking news: markets,
Source: https://www.cnbc.com/2023/08/31/european-markets-set-to-open-higher-following-ubs-earnings.html