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European markets close slightly lower as global stocks struggle; HSBC down 8% - TL;DR CNBC

European markets close slightly lower as global stocks struggle; HSBC down 8%

Publishing timestamp: 2024-02-21 11:38:43


Summary

European stocks closed slightly lower, with major bourses mixed. HSBC shares sank over 8% after reporting a drop in profits, while Glencore fell 1% after posting lower annual profits. Hong Kong stocks gained, while U.S. stocks fell. Some market watchers believe it could be a good time to invest in real estate. European markets are set to open in mixed territory with earnings due from companies like Danone and Glencore.


Sentiment: MIXED

Tickers: HSBC.STOXX.FTSENVDA.FCHI5-HKGLCNF.FTMIB.GDAXI

Keywords: business newsjapanstoxx 600breaking news: europe

Source: https://www.cnbc.com/2024/02/21/european-markets-live-updates-stocks-news-data-and-earnings.html


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