Europe stocks close lower after U.S. inflation print comes in above expectations; Encavis up 25%
Publishing timestamp: 2024-03-14 12:50:11
Summary
European markets closed lower as investors assessed U.S. inflation data. Vistry Group reported positive financial results, while AB InBev slipped after Altria announced plans to sell shares. ECB chief economist discussed interest rate cuts. Encavis saw a surge in stock price after KKR made a takeover offer. Deliveroo reported moving closer to profitability. European stock markets hit all-time highs, with potential for further gains. Jason Hsu sees promise in Chinese stocks. European markets were set to open lower.
Sentiment: MIXED
Tickers: ECV-DE, VTY-GB, ABI-BE, .GDAXI, .FTMIB, ROO-GB, .STOXX, .FTSE, MO, .FCHI,
Keywords: united states, anheuser-busch inbev sa, breaking news: europe, stoxx 600, prices, business news, vistry group plc, spain,
Source: https://www.cnbc.com/2024/03/14/european-markets-live-updates-stocks-news-data-and-earnings.html