European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve‘s outsized interest rate cut, while drugmaker Novo Nordisk slid on disappointing obesity pill data. The pan-European STOXX 600 index closed 1.4% lower, though it recorded a second straight week of gains. All major European stock markets had … Read more
European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve’s outsized interest rate cut, while shares of Mercedes were set for their worst day in 15 months after the automaker cut its core profit outlook. The pan-European STOXX 600 index fell 0.4% to 519.76 points as of … Read more
European stocks rounded off the week on a positive note, supported by technology, real estate and mining shares, while investors shifted their focus to the U.S. Federal Reserve ahead of a long-awaited monetary easing at its meeting next week. The pan-European STOXX 600 index was up 0.7% at 515.75 points on the day, while notching … Read more
