European stocks log worst quarter in a year with a drop of 2.9%
Publishing timestamp: 2023-09-29 12:02:06
Summary
The article discusses the performance of European stocks, which had a weak month and worst quarter for the year. It mentions the decline in the Stoxx 600 index and analyzes euro zone inflation data. It also mentions the performance of Asian and U.S. markets. The article highlights the positive earnings beat by Nike and the impact on European sportswear brands. It concludes by mentioning the opening of European markets and the potential gains from rising U.S. dollar.
Sentiment: MIXED
Tickers: ADS-DE, .FTMIB, PUMA-FF, JD.-GB, .SPX, .FCHI, .FTSE, .HSI, .IXIC, EUR=, NKE, .DJI, .STOXX, .GDAXI,
Keywords: nike inc, stock markets, germany, russia, economic events, ukraine, business news, prices, markets, breaking news: europe,