European stocks close slightly lower; Mercedes, Remy Cointreau fall after earnings disappoint
Publishing timestamp: 2024-10-25 11:41:36
Summary
European stock markets closed marginally lower for the week, with travel stocks leading losses. Corporate results were mixed, with some banks beating expectations while others struggled. NatWest reported higher profits and raised its full-year outlook. Mercedes and Remy Cointreau saw declines in profits. Russia's central bank raised its key interest rate. Euro zone inflation figures will impact ECB's decision on rate cuts. China's central bank kept interest rates unchanged. Morgan Stanley sees opportunities in the electricity industry.
Sentiment: MIXED
Tickers: .IXIC, TSLA, .SPX, RCO-FR, DSY-FR, .DJI, BARC-GB, SW-FR, LLOY-GB, .STOXX, MBG-DE, .FCHI, NWG-GB, RMS-FR, .FTSE, BN-FR, RNO-FR, SAAB.B-SE, .GDAXI,
Keywords: natwest group plc, business news, breaking news: europe, saab ab, japan, dassault systemes se, sodexo sa, hermes international sca, renault sa, united states, france, remy cointreau sa, danone sa, stoxx 600, mercedes-benz group ag, germany,