• Mon, Mar 2, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

9 January 2025 15:57  |

European Stocks Down

The STOXX 50 fell 0.5% and the STOXX 600 fell 0.4% on Thursday, extending losses from the previous session, as traders continued to worry about the inflation outlook and the potential impact of Trump’s additional trade tariffs.

Investors also digested minutes from the last FOMC meeting that showed the Fed’s concerns about inflation and signaled a slowdown in the pace of interest rate cuts.

Retail and bank stocks led the losses, with Societe Generale (-1.8%), BNP Paribas (-1.7%) and UniCredit (-0.8%). Autos were also under pressure, including BMW (-1.4%), Mercedes-Benz (-1.2%) and VW (-1.2%).

Financial services and healthcare, on the other hand, managed to hold on to the green, including Novo Nordisk (0.8%).

Source: Trading Economics

Related News

MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

European markets close higher Oil and gas stocks retreat

European markets closed higher Monday, gaining ground through the afternoon as investors reviewed the geopolitical situation ...

29 October 2024 11:01
MARKET UPDATE

European Markets Set to Open Lower Ahead of European Growth...

European markets are heading for a negative open on Wednesday as investors await the latest growth data from the region, the ...

30 October 2024 13:24
HANGSENG

Hang Seng Ends 0.4% Higher Amid Upbeat Wall Street Sentimen...

The Hang Seng rose 87 points, or 0.4%, to close at 19,664 on Tuesday (11/19), marking its second session of gains amid positi...

19 November 2024 15:25
BIAS23.com NM23 Ai