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European stocks close lower; FTSE 100 down 1.5% after UK inflation unexpectedly picks up - TL;DR CNBC

European stocks close lower; FTSE 100 down 1.5% after UK inflation unexpectedly picks up

Publishing timestamp: 2024-01-17 12:01:02


Summary

The article discusses declines in European markets, particularly in mining stocks, and the unexpected increase in UK inflation. It also mentions various interviews and statements from CEOs and industry leaders at the World Economic Forum in Davos. Additionally, it highlights expectations for a potential comeback in the healthcare sector and a cyclical recovery in the technology hardware sector. The article concludes with a preview of the expected market openings for European markets.


Sentiment: MIXED

Tickers: .FCHI.GDAXI.STOXX.FTSE.FTMIB.FTSE-GB

Keywords: pedro sanchezbusiness newsemmanuel macronargentinaswitzerlandstoxx 600davosfrancechinaforeign policygovernment and politicseconomic eventsbreaking news: europe

Source: https://www.cnbc.com/2024/01/17/ukraine-war-live-updates-stocks-news-uk-inflation-and-davos.html


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