Porsche shares shed 7% after cutting outlook

Porsche shares shed 7% after cutting outlook

European stocks were slightly lower on Monday morning, as investors closely monitored U.S. President Donald Trump‘s visa crackdown. The pan-European Stoxx 600 index traded 0.2% lower shortly after the opening bell, with most sectors and major bourses in negative territory. Auto stocks notched some of the biggest losses in early deals. The Stoxx Europe Automobiles…

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Trump-Xi call, Fed rate cut, economic data

Trump-Xi call, Fed rate cut, economic data

European equities were mixed in early trade on Friday, with major indexes struggling to gain momentum. The pan-European Stoxx 600 was flat by 8:25 a.m. in London (3:25 a.m. ET), with sectors mixed. Regional shares ended Thursday’s session higher, putting the Stoxx 600 index on course to end the week unchanged. U.S. President Donald Trump,…

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Stoxx 600, FTSE, DAX, data

Stoxx 600, FTSE, DAX, data

LONDON — Shares of Danish pharmaceutical giant Novo Nordisk were 3% higher in early deals Monday, after the company released trial data suggesting its blockbuster drug Wegovy outperforms major rivals in heart disease risk reduction. The study found continued users of semaglutide, a weight management drug branded as Wegovy, had up to a 57% greater reduction…

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Europe markets on Thurs Aug. 28: Nvidia beat,

Europe markets on Thurs Aug. 28: Nvidia beat,

European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…

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Stoxx 600, DAX, CAC, FTSE, stocks

Stoxx 600, DAX, CAC, FTSE, stocks

U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House in Washington, D.C., on Feb. 28, 2025. Nathan Howard | Reuters LONDON — European stocks opened in mixed territory on Monday as traders look ahead to a meeting between regional leaders and U.S. President Donald Trump to discuss Ukraine. The pan-European Stoxx…

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How fund managers are investing

How fund managers are investing

Fund managers are becoming increasingly bullish on European equities, according to the latest iteration of Bank of America’s European Fund Manager Survey. European stocks have broadly enjoyed a significant rally this year, amid a diversification away from U.S. assets , the promise of massive fiscal stimulus in Germany , and a bull run in the…

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