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European Stocks Pushed Lower as 'Trump Trade' Fizzles
The German DAX led Europe's markets higher Thursday with solid gains in airlines, autos and chemicals
European markets turned positive and U.S. equity futures prices began to indicate a positive open on Wall Street ahead of a key vote on U.S. healthcare reform.
European markets drifted lower Thursday as investors returned to trading after yesterday's deadly terrorist attack in London and await a key vote on U.S. healthcare reform.
Next shares gained in early Thursday trading even as the clothing retailer warned of tough times ahead following a fall in profits during its last fiscal year.
Consumer confidence in the U.K. fell in February as shoppers contend with increased prices and Brexit uncertainty, new figures show, sending supermarket stocks down.
Retail sales in the U.K. fall 1.9% from November, the biggest decline in four and a half years.
U.K. clothing retailer Ted Baker's sales rise 18% over the Christmas period.
Retail sales in December fall 0.1%, industry figures show.
Inflation and Brexit woes may put pressure on U.S. retailers in the U.K. as the pound remains low.
Next CEO Simon Wolfson expresses buyer's remorse on the EU exit as shares plummet on a profit warning.
B&M outperforms fellow retailers during the festive season.
European stocks drifted lower Wednesday as investors await key eurozone inflation data.
Next warns that a tough 2017 could pull down other retailers.
U.K. clothing retailer Next posted weaker-than-expected holiday sales and cautioned on the retail trading outlook in 2017.
London-listed retailers see significant losses in stock price since the start of 2016.
Like-for-like November retail sales were up just 0.6% in November.
U.S. election movements have investors on the back foot in global trading as Trump and Clinton hit the home stretch in their grueling presidential campaign.
Judging by H&M's sales miss in April, struggling Gap likely stunk up the joint in Europe in the first quarter.
European stocks decline on Thursday in the wake of losses in Asia and a mounting chorus of hawkish commentary from Federal Reserve members.
European stocks slip further on Tuesday after Monday's rout, despite intervention by Chinese authorities to shore up domestic markets.
European stock markets were little changed after steep losses on Tuesday, with better-than-expected earnings releases from some major companies limiting further declines.
European stocks were mainly in positive territory Tuesday as strong corporate news offset concerns about imminent U.S. and EU sanctions against Russia and ahead of the Fed meeting.