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European markets close slightly lower after snapping nine-day winning streak - TL;DR CNBC

European markets close slightly lower after snapping nine-day winning streak

Publishing timestamp: 2024-05-17 11:55:37


Summary

European markets slipped after snapping a nine-day winning streak, with most sectors trading in negative territory. Richemont reported a rise in full-year sales, while Lagercrantz traded at record highs. Azelis Group's shares tumbled after major shareholders sold over 10% of outstanding shares at a discount. Meme stocks like GameStop and AMC experienced volatility. European markets are expected to open lower.


Sentiment: MIXED

Tickers: .STOXX.FCHI.FTSEENGI-FRAZE-BELAGR.B-SE.FTMIB.GDAXICFR-CH

Keywords: compagnie financiere richemont saengie sastock marketsmarketsbreaking news: marketsbusiness newsstoxx 600

Source: https://www.cnbc.com/2024/05/17/european-markets-live-updates-earnings-stocks-news-and-data.html


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