financetom
Market
financetom
/
Market
/
European stocks remain muted as markets react to corporate earnings
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European stocks remain muted as markets react to corporate earnings
Apr 21, 2023 4:07 AM

The European markets opened mixed on Friday, as investors digested UK corporate earnings. The British FTSE was last trading 0.1 percent lower. French CAC was last trading 0.1 percent higher. The biggest European market by volume, German DAX was last trading marginally lower.

Share Market Live

NSE

On Thursday, according to data, UK unemployment benefit claims jumped to the highest level since November 2021.

The European markets are also taking cues from their Asian counterparts. Most Asian markets traded in the red on Friday. Japan's Nikkei was last trading 0.3 percent lower, while Hong Kong Hang Seng was 1.7 percent lower. China's Shanghai Composite was last down almost two percent.

Meanwhile, crude oil prices slid to lowest since late March on Friday. At the last count, brent crude futures were trading 0.5 percent lower at $80.7 a barrel. US West Texas Intermediate futures, too, were trading 0.5 percent lower at $77 per barrel.

The Indian markets traded lower on Friday. At the last count, the Nifty 50 index was trading below 17,600, and Sensex was trading 150 points lower.

Catch the latest market updates with CNBC-TV18.com's blog

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Equity Markets Close Lower Amid Conflicting US Services Data
Equity Markets Close Lower Amid Conflicting US Services Data
May 26, 2025
04:37 PM EDT, 05/05/2025 (MT Newswires) -- US benchmark equity indexes closed lower on Monday as investors assessed conflicting data on US services sector growth. The Nasdaq decreased 0.7% to 17,844.24, the S&P 500 dropped 0.6% to 5,650.38, and the Dow Jones Industrial Average fell 0.2% to 41,218.83. Among sectors, energy and consumer discretionary paced the decliners with only consumer...
TransAlta Shares Drop 2% in U.S. Pre-market After Reporting Lower Q1 Profit
TransAlta Shares Drop 2% in U.S. Pre-market After Reporting Lower Q1 Profit
May 26, 2025
08:29 AM EDT, 05/07/2025 (MT Newswires) -- TransAlta ( TAC ) shares dropped 1.5% at last look Wednesday in NYSE pre-market trading after the company reported lower first-quarter adjusted net earnings. TransAlta ( TAC ) booked adjusted net earnings of $30 million, or $0.10 per share, falling from $128 million, or $0.41 per share, and slightly below the analyst consensus...
EMERGING MARKETS-Latam assets fall amid trade uncertainties; focus on rate decisions in Brazil, US this week
EMERGING MARKETS-Latam assets fall amid trade uncertainties; focus on rate decisions in Brazil, US this week
May 26, 2025
* Latin American stocks down 1.4% and FX down 0.6% * Brazil's central bank expected to deliver 50 bps rate hike on Wednesday * South African rand hits five-week high after Eskom's positive power outlook * Taiwan's dollar extends two-day historic run (Updates with afternoon trading levels) By Medha Singh and Nikhil Sharma May 5 (Reuters) - Latin American assets...
S&P 500, Dow Snap 9-Day Winning Streak as Investors Monitor Trade Updates
S&P 500, Dow Snap 9-Day Winning Streak as Investors Monitor Trade Updates
May 26, 2025
05:06 PM EDT, 05/05/2025 (MT Newswires) -- The S&P 500 and the Dow Jones Industrial Average snapped their nine-day winning streak as traders evaluated updates on global trade and awaited the Federal Reserve's policy decision later this week. The S&P 500 declined 0.6% to 5,650.4, while the Dow edged down 0.2% at 41,218.8. The Nasdaq Composite closed 0.7% lower at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved