European Stocks Close Lower As Weak Earnings Weigh
European stocks closed lower on Thursday, as some disappointing earnings updates outweighed optimism about interest rate cuts, rendering the mood a bit cautious.
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European stocks closed lower on Thursday, as some disappointing earnings updates outweighed optimism about interest rate cuts, rendering the mood a bit cautious.
By Pranav Kashyap and Purvi Agarwal (Reuters) -Britain’s FTSE 100 closed slightly lower on Thursday, as disappointing news from EasyJet and Sage Group offset a surge in BT Group after the telecoms group’s new boss unveiled steps to boost its cash flow. BT Group’s shares surged a record 17.2% after CEO Allison Kirkby set out…
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