Top Stories

European stocks struggle amid earnings rush and as Fed decision looms

0


European stocks struggled for gains on Wednesday, as investors fielded a flood of earnings from banks such as Barclays PLC and Deutsche Bank AG, and waited for a Federal Reserve announcement due later.

The Stoxx Europe 600 index
XX:SXXP
slipped 0.3% to 366.94 after gaining 0.4% on Tuesday. The German DAX
DX:DAX
and FTSE 100 index
UK:UKX
fell around 0.2% each, while the French CAC 40
FR:PX1
rose 0.3%, boosted by well-received results from heavyweight Schneider Electric SE.

But gains were hard to come by as company results globally have confirmed the tough climate caused by the pandemic. The yield on…



Source marketwatch.com

Hong Kong ‘on the verge’ of large-scale coronavirus community outbreak: Carrie Lam

Previous article

Congress must address organized retail crime at Big Tech hearing

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Top Stories