European markets close lower amid tariff threat; Aston Martin shares down 5.5% after profit warning
Publishing timestamp: 2024-11-27 11:59:48
Summary
European markets closed lower as investors assessed the impact of President-elect Donald Trump's plans to hike tariffs and fresh U.S. inflation data. Easyjet's shares were up but later fell after posting a rise in profit, while Just Eat Takeaway announced delisting from the London Stock Exchange. Aston Martin issued a profit warning. Global markets have been mixed since Trump's tariff threats. U.S. inflation rose 2.3% in October, in line with expectations. German consumer sentiment fell, and France's CAC 40 hit a one-year low. Slovakia's car industry is threatened by Trump's tariffs. EasyJet reported a smaller-than-expected profit due to conflicts in the Middle East. Aston Martin forecasted lower annual profit due to delivery delays. Hedge fund bets against Cargojet. European markets expected to open higher on Thursday.
Sentiment: MIXED
Tickers: .DJI, JET-GB, .SPX, @DJ.1, EZJ-GB, CJT-CA, .GDAXI, .FTMIB, .FTSE, TKWY-NL, .IXIC, @ND.1, .FCHI, .STOXX, @SP.1,
Keywords: donald trump, ftse 100, ftse mib, china, stoxx 600, just eat takeaway.com nv, business news, cac 40 index, canada, dax, mexico, breaking news: europe, united states, easyjet plc,
Source: https://www.cnbc.com/2024/11/27/european-markets-live-updates-stocks-news-data-and-earnings.html