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European Stocks Fail To Hold Gains, Close Weak

European Stocks Fail To Hold Gains, Close Weak
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Europe midday: Shares hold gains despite Evotec plunge on outlook

Europe midday: Shares hold gains despite Evotec plunge on outlook
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European Stocks Fail To Hold Gains, Close Weak

European stocks failed to hold early gains and ended weak on Wednesday with the mood turning cautious past mid afternoon as investors awaited some crucial U.S. economic data for more clarity about the outlook for interest rates.

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ECB governors stick to plan for multiple rate cuts despite global headwinds | Hellenic Shipping News Worldwide

ECB governors stick to plan for multiple rate cuts despite global headwinds | Hellenic Shipping News Worldwide
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Fed's preferred inflation gauge expected to back rate-cut patience

It's a big week for data as the Bank of Canada releases its summary of deliberations the Fed's top measure of inflation comes out. Read on.

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Morning Bid: Tanking Tesla reports, Europe business beats

World markets have cheered up a bit this week, but ailing Tesla's tanking stock price faces a critical earnings test later on Tuesday and this month's European business pulse proved surprisingly racy. Relief at cooling Middle East tensions helped steady the ship on Monday after the worst week on Wall Street since 2022 - with bellwether chip giant Nvidia recouping some of Friday's 10% lunge as Big Tech megacaps get set to report first quarter updates over three days of a heavy earnings diary. First of the "Magnificent 7" vanguard stocks to report on Tuesday is electric vehicle behemoth Tesla, which is down a massive 43% for the year to date and off almost 60% over the past two years amid a brutal price war, waning EV demand worldwide and serial corporate governance and product questions.

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Morning Bid: Tanking Tesla Reports, Europe Business Beats

Morning Bid: Tanking Tesla Reports, Europe Business Beats
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MORNING BID AMERICAS-Tanking Tesla reports, Europe business beats

A look at the day ahead in U.S. and global markets from Mike
Dolan
World markets have cheered up a bit this week, but ailing
Tesla's tanking stock price faces a critical earnings
test...

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ECB's Nagel Says Can Cut Rates If Data Confirm Economic Forecast

ECB's Nagel Says Can Cut Rates If Data Confirm Economic Forecast
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ECB Can Cut Rates If Data Confirm Economic Forecast, Nagel Says

(Bloomberg) -- The European Central Bank can envisage reducing borrowing costs if new forecasts and fresh data confirm consumer-price growth is headed back to 2%, Governing Council member Joachim Nagel said.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Trump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyElon Musk’s Robotaxi Dreams Plunge Tesla Into

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