ROUNDUP / Europe stocks end: recovery aborted – ‘investors suspicious’
The flag of the European Union. pixabay.com
PARIS / LONDON (dpa-AFX) – Europe’s stock exchanges on Thursday followed the downward slide of the US stock exchanges on Wednesday evening and closed weakly. The recovery gains on Wall Street today received little attention. In addition to concerns about the spread of the Coronavirus variant Omikron, the technology sector on both sides of the Atlantic was burdened by the fact that the demand for iPhones is apparently reduced.
The leading Eurozone index EuroStoxx 50
With a view to the heavy losses on Wall Street on Wednesday, investment strategist Jürgen Molnar from the trading house Robomarkets commented: It is basically not the Omikron variant, which has now also appeared in the USA, that triggered the panic-like sales. Rather, the investors “simply no longer trusted the roast of almost endlessly rising prices,” he said. Mainly because monetary policy is likely to cease to be a support factor in the coming months.
To Apple (Apple share)
The shares of the provider of lithography systems for the semiconductor industry ASML were in the EuroStoxx
Orange’s paper fell 3.3 percent and suffered from the fact that Bank of America (BofA) was negative on the French telecom operator Orange
The only industry in Europe that was able to resist the downward trend and grew by 0.1 percent was that of the food and beverage manufacturers
HSBC Trinkaus & Burkhardt AG
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