• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

5 September 2024 23:10  |

Europe Stocks Close Lower for Fourth Straight Session as U.S. Jobs Data Disappoints

European stock markets closed lower Thursday following another set of weak U.S. jobs data.

The regional Stoxx 600 index closed down 0.43%, with major bourses and sectors spread between losses and gains. Utilities stocks rose 1.66%, while healthcare fell 1.4%.

It marks the fourth day of declines for the Stoxx 600 after it closed above 525 points for the first time on Friday.

In Europe, Germany's DAX ended up 0.02% higher after data showed factory orders in the country increased 2.9% month-on-month in July. However, Benedict Acton-Bond, economist at Moody's Analytics, noted that orders excluding big ticket items such as aircraft, ships and trains were lower, and said the release "further dents the narrative that industry is bottoming out."

Source : CNBC

 

 

Related News

MARKET UPDATE

Asia Shares Steady, Dollar Firm Before Jobs Test

Asian share markets got off to a quiet start on Monday as investors braced for a data-packed week culminating in a U.S. jobs ...

2 September 2024 07:47
MARKET UPDATE

Dow Closes 600 Points Lower to Begin September, S&P 500 Drop...

Stocks tumbled Tuesday as technology names struggled and new economic data rekindled fears around the health of the economy. ...

4 September 2024 03:15
MARKET UPDATE

Dow falls more than 100 points as September trading begins

Stocks declined Tuesday as traders braced for a potentially tough month ahead after a strong but volatile August. The Dow J...

3 September 2024 20:34
MARKET UPDATE

Europe Stocks Close Lower for Fourth Straight Session as U.S...

European stock markets closed lower Thursday following another set of weak U.S. jobs data. The regional Stoxx 600 index clo...

5 September 2024 23:10
BIAS23.com NM23 Ai