Europe stocks close lower; Royal Mail owner IDS up 4% on sale agreement
Publishing timestamp: 2024-05-29 12:08:26
Summary
European stock markets closed lower on Wednesday, with Stoxx 600 recording its worst session since mid-April. Mining stocks led losses, while Anglo American rejected a takeover offer from BHP Group. Earnings season was generally better than feared, but attention has shifted to central banks' plans regarding inflation. Inflation data is due from both euro zone and U.S. on Friday. Asia-Pacific markets were mostly lower on Wednesday, while U.S. stocks also retreated. European markets closed over 1% lower on Wednesday, with all major bourses in negative territory.
Sentiment: MIXED
Tickers: NVDA, BHP-AU, AAL-GB, SAAB.B-SE, .FTSE, .SPX, BHP, OCDO-GB, .IXIC, IDS-GB, .STOXX, DE10Y-DE,
Keywords: international distributions services plc, breaking news: markets, markets, prices, ocado group plc, stock markets, bhp group ltd, business news, stoxx 600, saab ab, anglo american plc, s&p 500 index,
Source: https://www.cnbc.com/2024/05/29/europe-markets-open-to-close-rate-cuts-inflation-stocks-.html