HomeAbout

TL;DR CNBC


European stocks close lower after notching 23-month high; Maersk shares climb 6% - TL;DR CNBC

European stocks close lower after notching 23-month high; Maersk shares climb 6%

Publishing timestamp: 2024-01-02 11:57:34


Summary

The article discusses the performance of European stocks, with the Stoxx 600 index reaching its highest level in nearly two years before closing slightly lower. It mentions the performance of different sectors, such as oil and gas stocks and the technology sector. It also discusses the recession in the eurozone and the impact on manufacturing. Other topics covered include the performance of Asian markets, the decline of the euro, the rise of Bitcoin, and the outlook for Big Oil. The article also mentions specific companies like Maersk and Airbus, as well as the partial revocation of ASML's export license to China. It concludes with a mention of interest in alternative assets and the opening of European markets.


Sentiment: MIXED

Tickers: ASML-NLDP4B-DE.GDAXIWOSG-GB.STOXX.FCHIFNOXFBTC.CM=.FTSE

Keywords: londonchinabreaking news: europeunited statesstoxx 600economic eventsbusiness news

Source: https://www.cnbc.com/2024/01/02/european-markets-live-updates-stocks-news-data-and-earnings.html


Developed by Leo Phan