stocks, news, data and earnings

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

stocks, news, data and earnings

Smoke rises from a building destroyed by an ******** airstrike as journalists and local residents visit during a press tour on October 2, 2024 in Beirut, Lebanon. 

Daniel Carde | Getty Images

LONDON — ********* stocks ended the day lower on Thursday as conflict in the Middle East weighed on regional investor sentiment.

The pan-********* Stoxx 600 provisionally closed 1% lower, with almost all sectors and major bourses trading in the red. Construction and materials were down 2%, while oil and gas stocks were the only ones to hold onto gains, ending the day 0.3% higher.

Auto stocks meanwhile slumped 2.17% on

This is the hidden content, please

• Sign In
• or
• Sign Up

that the ********* Union could push through tariffs of up to 45% on ******** electric vehicle (EV) makers as soon as Friday — a move ********* carmakers have opposed. Stellantis fell 4%, while Volvo slumped more than 3%. Porsche and Renault also pulled back.

********* stocks had closed mixed on Wednesday as investors assessed the ongoing conflict in the Middle East and assessed fresh unemployment data in the euro zone that showed unemployment across the euro zone held steady on the month at a record-low 6.4% in August.

******* attacked central Beirut early Thursday, ******** at least six people, as it pursues Iran-backed armed group Hezbollah. ******* began ground incursions in Lebanon on Tuesday and the strike on Beirut earlier today comes after Iran fired roughly 180 ballistic missiles at ******* earlier this week. ******** authorities say there were no casualties as a result of the offensive, and that most of the missiles were intercepted. 

Stock picks and investing trends from CNBC Pro:

In the Asia-Pacific region overnight, Hong Kong stocks plunged as the China stimulus rally, seen after authorities announced a slew of support measures last week, appeared to ease. Markets in mainland China remain closed until Oct. 8.

Meanwhile in the U.S., stocks dipped Thursday after weekly initial jobless claims came in slightly higher than expected. The data comes ahead of the all-important September payrolls report, which is due on Friday.

This is the hidden content, please

• Sign In
• or
• Sign Up

#stocks #news #data #earnings

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up