European markets close slightly higher; H&M up 15% after profit beat; Sweden holds rates
Publishing timestamp: 2024-03-27 12:52:15
Summary
European stocks closed slightly higher, with H&M leading gains after beating analyst expectations. S4 Capital saw a drop in shares after warning of revenue fall. Renault to sell up to 2.5% of Nissan shares. Riksbank holds interest rate unchanged. H&M posts lower year-on-year net sales but higher operating profit. Big U.S. tech companies benefiting from AI buzz. European markets set to open flat.
Sentiment: MIXED
Tickers: .FTMIB, .FCHI, .IXIC, HM.B-SE, MSFT, DPLM-GB, ITX-ES, .STOXX, HMB-CH, SFOR-GB, .SPX, SMDS-GB, .FTSE, NVDA, .DJI, 0HBP-GB, GOOGL, .GDAXI,
Keywords: stoxx 600, h & m hennes & mauritz ab, china, business news, australia, industria de diseno textil sa, breaking news: europe, united states,
Source: https://www.cnbc.com/2024/03/27/european-markets-live-updates-stocks-news-data-and-earnings.html