European stocks advanced as investors reacted positively to earnings from the likes of Siemens Energy AG and Heineken NV. Software firm Dassault Systemes SE tumbled 20% as its outlook disappointed. The Stoxx 600 Index was up 0.3% at 1:58 pm in London, extending gains after stronger-than-expected US payrolls data. The unemployment rate also fell unexpectedly,…
(Bloomberg) — European stocks edged higher as companies including Siemens Energy AG and Heineken NV reported upbeat earnings. Software firm Dassault Systemes SE tumbled 20% as its outlook disappointed. The Stoxx 600 Index was up 0.1% by the close. In individual stocks, Siemens Energy jumped 8.4% to a record as surging electricity demand continues to…
European stocks rose, lifted by Novo Nordisk A/S shares after a US competitor scrapped a copycat Wegovy weight-loss pill. The Stoxx Europe 600 Index was up 0.4% as of 8:26 am in London. In individual stocks, Novo Nordisk rose 8.6% after US firm Hims & Hers Health Inc. said it will stop selling a cheaper…
(Bloomberg) — European stocks turned higher in a volatile Friday session as a rebound in drugmaker Novo Nordisk A/S helped counter weakness in carmakers. The Stoxx Europe 600 Index rose 0.9% by the close. Novo jumped 5.3% after having lost as much as a quarter of its market value during the week over concerns about…
(Bloomberg) — European stocks fell as investors tackled a busy slate of results and monitored key interest-rate decisions in the region. Rheinmetall slumped after a disappointing analyst call. The Stoxx Europe 600 Index fell 0.6% by 12:28 pm in London. Rallying technology shares performed best, while auto stocks and real estate were the biggest laggards….
European stocks fell as sentiment took a hit from weak US jobs data, with investors also tracking a busy slate of earnings and key interest-rate decisions. Novo Nordisk A/S dropped as a US competitor plans to offer cheaper copies of its new weight loss pill. The Stoxx Europe 600 Index fell 1% at the close….
(Bloomberg) — European stocks were steady as investors tackled a busy slate of results and awaited key interest-rate decisions in the region. AP Moller-Maersk A/S slumped after weak earnings. The Stoxx Europe 600 Index was little changed by 8:27 am in London. The technology and financial services sectors fared best, while autos and real estate…
(Bloomberg) — European stocks were muted, with advances in cyclical sectors such as autos and chemicals offsetting declines in technology shares. Novo Nordisk A/S plunged 17% after issuing a shock sales forecast. The Stoxx Europe 600 Index was little changed at the close after earlier rising as much as 0.7%. Chemical stocks had their best…
(Bloomberg) — European stocks edged lower, heading for their biggest weekly loss in two months, as a jump in oil prices dragged airline shares lower. The Stoxx Europe 600 Index fell 0.08% as of 12:41 pm in Paris. Travel stocks dropped the most, along with economically sensitive sectors such as consumer products, construction and building…
European stocks advanced for the first time in five days as President Donald Trump abandoned his threat to impose new Greenland-linked tariffs, while a slate of upbeat corporate earnings also lifted sentiment. The Stoxx Europe 600 Index gained 1.4% at 10:11 am in London, its biggest intraday rise since November. A Barclays Plc basket of…
