Home About

TL;DR CNBC


European markets close lower as global stocks search for new highs - TL;DR CNBC

European markets close lower as global stocks search for new highs

Publishing timestamp: 2023-12-28 12:08:12


Summary

The article discusses the performance of European stocks, which closed lower as global markets searched for new record highs to close out the year. The pan-European Stoxx 600 index closed down about 0.1%, with health care stocks adding 0.6% while banks dropped 0.5%. The article also mentions the performance of U.S. stocks, Asian markets, and trading volumes expected to be thin during the last two days of the trading year. It highlights the individual share price movement of Spanish utility company Endesa, which fell 3.7%, and Finnish crane manufacturer Konecranes, which rose 2.7%.


Sentiment: NEUTRAL

Tickers: .STOXX,  .FTSE,  ELE-ES,  .AXJO,  .GDAXI,  .FCHI,  .SPX, 

Keywords: s&p 500 index,  stoxx 600,  london,  endesa sa,  asia economy,  cac 40 index,  dax,  investment strategy,  world economy,  business news,  world markets,  ftse 100,  markets,  s&p/asx 200, 

Source: https://www.cnbc.com/2023/12/28/europe-markets-open-to-close-global-stocks-search-for-new-highs.html


Developed by Leo Phan