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European markets close higher; French banks gain on profit beats as Novo Nordisk slides - TL;DR CNBC

European markets close higher; French banks gain on profit beats as Novo Nordisk slides

Publishing timestamp: 2024-05-03 12:06:46


Summary

European stock markets closed higher on Friday after a broadly negative week dominated by corporate earnings. The Stoxx 600 index was up 0.44% by close, with U.S. payrolls coming in weaker than expected. The week saw a mix of positive and negative earnings reports, with some companies outperforming and others disappointing. The euro nudged higher against the U.S. dollar, and European stocks opened cautiously higher on Friday. Demand for power and data centers is expected to increase in Europe, leading to potential investment opportunities in the region.


Sentiment: MIXED

Tickers: 3P7-FFSHEL-GBACA-FREUR=GLE-FRAMGN.STOXXJPY=NOVO.B-DKINGA-NLPNDORA-DKSHELL-NL

Keywords: novo nordisk a/sbusiness newsshell plcpandora a/sturkeyunited statesing groep nvsociete generale sacredit agricole sabreaking news: europestoxx 600usd/jpyjerome powellprices

Source: https://www.cnbc.com/2024/05/03/europe-stocks-open-to-close-ftse-100-dax-cac-40.html


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