European Shares Flat as Nvidia Boost Offsets Sector Weakness
8 Articles
8 Articles
European shares flat as Nvidia boost offsets sector weakness
Global Market: European shares steady as Nvidia boost offsets consumer, auto weakness
European shares were largely flat as gains in technology stocks, fuelled by Nvidia’s upbeat revenue outlook, offset declines in consumer goods, chemicals and automobile stocks. Investors also tracked Middle East developments and falling oil prices, with hopes of progress in talks involving Iran and Qatar potentially easing concerns over energy supply disruptions.
The profits of the American group doubled and caught attention at Wall Street Wednesday night. But no effect or almost in Europe. ...
European shares closed practically stable as investors weighed the uncertainty around the Strait of Ormuz, higher than expected US inflation and Nvidia’s results. Banks advanced strongly, but technology and health retreated from doubts about rates and the future of spending on artificial intelligence. *** STOXX 600 fell 0.01% to 656,41 points, on a day marked by caution. Iran and Oman’s talks on the Strait of Ormuz offered hope, although reopeni…
FTSE 100 closed down by 0.07%, while DAX won 0.19%
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