HomeAbout

TL;DR CNBC


European stocks close slightly higher after global market pullback; Eurofins down 7% - TL;DR CNBC

European stocks close slightly higher after global market pullback; Eurofins down 7%

Publishing timestamp: 2024-02-27 11:58:46


Summary

European markets closed slightly higher, with most sectors in positive territory. Investors are awaiting U.S. and European inflation data later in the week. Eurofins Scientific shares fell after missing earnings expectations. Goldman Sachs highlighted a group of stocks dominating Europe's markets. Abrdn reported a 5% fall in adjusted operating profit but beat analyst estimates. The company announced a cost-cutting program targeting a reduction of at least 150 million in costs by 2025. European markets are set to open lower on Tuesday. French and German consumer sentiment data will be published.


Sentiment: MIXED

Tickers: .FTSENVDAASML-NL.STOXXROG-CH.FCHI@SP.1MC-FR.FTMIB.GDAXIERF-FRGS.SPXSAN-FRGSK-GBOR-FRABDN-GB

Keywords: abrdn plcbreaking news: europeunited statesbusiness newsjapanstoxx 600

Source: https://www.cnbc.com/2024/02/27/european-markets-live-updates-stocks-news-data-inflation-data.html


Developed by Leo Phan