Analysis: From doom to boom, energy stocks power out of COVID shock
Big oil is back.
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Big oil is back.
3 Min Read (Reuters) -European shares ended lower on Tuesday, with the technology sector having their worst day since late-October after a sudden drop in big U.S. tech stocks. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 3, 2021. REUTERS/Staff The pan-European STOXX 600 index shed 1.4%, with tech stocks losing 3.8% and some analysts attributing the drop to profit taking. Tech stocks are trading near record highs on a stellar earnings season and broader optimism over an economic recovery. “It’s a combination of a sell-of...
3 Min Read (Reuters) -European shares ended lower on Tuesday, with the technology sector having their worst day since late-October after a sudden drop in big U.S. tech stocks. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 3, 2021. REUTERS/Staff The pan-European STOXX 600 index shed 1.4%, with tech stocks losing 3.8% and some analysts attributing the drop to profit taking. Tech stocks are trading near record highs on a stellar earnings season and broader optimism over an economic recovery. “It’s a combination of a sell-of...
U.S. retail investors are buying the American depositary receipts of German automaker Volkswagen AG, some market participants said, accelerating a rally spurred by well-received VW announcements on its efforts to overtake Tesla Inc in the electric vehicles market.
By Danilo Masoni and Aaron Saldanha (Reuters) - U.S. retail investors are buying the American depositary receipts of German automaker Volkswagen AG, s...