Europe stocks close lower; Broadcaster Canal+ falls in London debut; Stellantis down 4.6%
Publishing timestamp: 2024-12-16 11:49:52
Summary
European markets closed lower as traders braced for final week of central bank action this year. Stellantis saw losses following the departure of CEO Carlos Tavares. France's CAC 40 dropped after a credit rating downgrade. Vivendi's three major businesses listed in Europe, with mixed results. U.S. Federal Reserve's monetary policy meeting is in focus. German Chancellor lost confidence vote, leading to early elections. Euro zone employment fell, with a divide between services and manufacturing sectors. Royal Mail set to be sold to EP Group. European stock markets opened mixed. U.K. manufacturers' confidence fell amid cost pressures. Federal Reserve expected to cut rates. Morgan Stanley identifies companies set to benefit from Amazon's new AI chip.
Sentiment: MIXED
Tickers: .GDAXI, DE2Y-DE, .STOXX, 0QXR-GB, VIV-FR, AMZN, NVDA, .FTMIB, HAVAS-NL, DE10Y-DE, .FCHI, STLA, .FTSE,
Keywords: berlin, olaf scholz, breaking news: europe, stoxx 600, ftse mib, business news, jerome powell, cac 40 index, dax, stellantis nv, vivendi se, ftse 100, france, canal+ sa, germany,
Source: https://www.cnbc.com/2024/12/16/european-markets-live-updates-stocks-news-data-and-earnings.html