Europe Stocks Slip; Investors Await Regional Manufacturing Data
4 months ago

Europe Stocks Slip; Investors Await Regional Manufacturing Data

Live Mint  

-- European stocks slipped from Friday’s record close as investors awaited manufacturing data from the region, the first reports in a week heavy with economic statistics. Real estate gained after Morgan Stanley said the sector is now attractive and property portal Rightmove Plc got a takeover offer. The European benchmark has rallied for the past four straight weeks, the longest streak since March, with investors growing increasingly confident that the European Central Bank will lower interest rates and that the global economy is continuing to grow. Among single stocks, Rightmove soared 25% after REA Group Ltd., part of Rupert Murdoch’s sprawling empire, said it’s considering a takeover offer.

History of this topic

Shares rise across Europe as traders return from long weekend
1 year, 8 months ago
Shares dip as worries mount in eastern Europe
2 years, 11 months ago
Jump in Europe virus cases hits shares after sharp weekly rally
4 years, 1 month ago
European stocks fall as healthcare, construction sectors drag
4 years, 2 months ago

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