Press "Enter" to skip to content

Europe: Shares dip on pharma drag as Fed optimism sizzles out

[BENGALURU] European shares closed at a two-week low on Thursday weighed down by pharma stocks on worries that US government may intervene on high drug prices, while optimism from the Federal Reserve’s dovish stance faded away.Read more





European shares dip on pharma drag as Fed optimism sizzles out

Reuters – European shares closed at a two-week low on Thursday weighed down by pharma stocks on worries that US government may intervene on high drug prices while optimism from the Federal
Read more

Markets Sensex closes at 35850 up 155 points

Traders said supportive global cues following robust US jobs data for December and Federal Reserve chairman Jerome Powells comments that the Fed would be flexible in policy decisions this year and optimism Only six out of the fifty stocks on the
Read more

A drifts lower Wall St little changed

The US dollar and bond yields are higher as prospects for a Federal Reserve interest rate hike this year improved while optimism that a deal could still be at hand to stave off a Greek default boosted European shares leading to a Fed rate hike
Read more

US stocks down on Europe unrest weaker home sales

There was some optimism coming into the market and thats usually when youre most vulnerable to sell-offs when there are negative headlines like the Fed officials comments unrest in Europe The dip in home sales hurt homebuilder stocks
Read more

Brewing US-China trade war takes the fizz out of European stocks

European shares fell as Chinas response to US tariffs fuelled fears of a trade war Traders said that the news sparked a strong revival in CCs shares with five million of its stock changing hands in Dublin on Wednesday The announcement was very
Read more

Sort out your own mess Obama urges Europe to solve debt crisis as US markets soar despite dire OECD economic warnings

Barack Obama today insisted the US would help Europe as its debt crisis deepens – but the White House ruled out financial a drag on recovery but the OECD says the US must work hard to secure longer-term fiscal sustainability The Fed has
Read more

Please follow and like us:

Comments are closed.