European Stocks Slip as Weaker Energy Tempers Rate Cuts Optimism.

التفاصيل البيبلوغرافية
العنوان: European Stocks Slip as Weaker Energy Tempers Rate Cuts Optimism.
المؤلفون: Rees, Kit
المصدر: Bloomberg.com; 8/20/2024, pN.PAG-N.PAG, 1p
مصطلحات موضوعية: FUTURES, STOCK prices, INVESTORS, FINANCIAL markets, STOCKS (Finance)
الشركة/الكيان: BLOOMBERG LP
مستخلص: European equities experienced a slight decline, ending a five-day winning streak, due to a drop in energy shares and falling banking stocks. Concerns over a slowing US economy have impacted risk assets globally, particularly in the technology sector. However, a rebound in more defensive sectors such as telecom and healthcare has contributed to the Stoxx 600 Index's recovery and potential record high. Analysts remain optimistic about European stocks, with a Bloomberg survey predicting that the Stoxx 600 Index will surpass its previous record high. The upcoming release of US Federal Reserve minutes and a speech from Fed Chair Jerome Powell will provide insight into the future path of interest rates. [Extracted from the article]
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قاعدة البيانات: Complementary Index