European markets close down 1% after Fed Chair Powell comments; Diageo slides 12%
Publishing timestamp: 2023-11-10 11:36:54
Summary
The article discusses the pullback in European markets after Jerome Powell's comments on inflation. It also mentions the performance of specific stocks, such as GN Store Nord and Diageo. Additionally, it provides updates on the UK economy and mentions the possibility of a recession. The article concludes with a strategist's perspective on equity markets and the potential for stronger earnings growth in certain sectors.
Sentiment: MIXED
Tickers: .GDAXI, .SPX, 0K9P-GB, DGE-GB, .FTSE, .STOXX, GN-DK, .FCHI,
Keywords: wall street, united states, jerome powell, stoxx 600, investment strategy, banks, s&p 500 index, cac 40 index, dax, diageo plc, markets, prices, business news, gn store nord a/s, ftse 100,
Source: https://www.cnbc.com/2023/11/10/european-markets-open-to-close-earnings-data-and-news-.html