European markets close lower; UK insurer DirectLine soars 24% on takeover talk
Publishing timestamp: 2024-02-28 11:47:52
Summary
European stocks closed lower, with tech stocks leading losses. Vodafone in talks with Swisscom for sale of Italian business. Puma shares higher despite target price cuts. Bitcoin prices rallying. Apple cancels electric car plans. Citi's Scott Chronert cautious on stock fundamentals supporting rally. European markets set to open higher.
Sentiment: MIXED
Tickers: DLG-GB, 0LQQ-GB, PUMA-FF, .GDAXI, BTC.CM=, .FTSE, .STOXX, .SPX, VOD-GB, .FCHI, .FTMIB,
Keywords: business news, breaking news: europe, united states, direct line insurance group plc, vodafone group plc, new zealand, london, stoxx 600, prices,
Source: https://www.cnbc.com/2024/02/28/european-markets-live-updates-stocks-news-data-and-earnings.html