European markets close lower as sentiment turns wary; Stoxx 600 down 1%
Publishing timestamp: 2024-09-03 11:43:25
Summary
European stocks closed lower, with mining and tech stocks leading the losses. French cable manufacturer Nexans saw a jump in shares after winning a contract for a major submarine power cable. U.S. stocks also slipped as traders braced for a potentially tough September. Data from the U.K. showed a moderation in total sales growth, reflecting a challenging retail environment. Asia-Pacific markets mostly climbed as investors assessed South Korea's August inflation numbers.
Sentiment: MIXED
Tickers: NEX-FR, .STOXX, .FTMIB, .FCHI, .GDAXI, .FTSE,
Keywords: economic events, united states, london, world economy, ftse mib, stoxx 600, business news, world markets, prices, dax, ftse 100, cac 40 index, nexans sa,
Source: https://www.cnbc.com/2024/09/03/european-markets-stock-moves-data-and-earnings-.html