Tag: STOXX Europe 600 Index

More than two-thirds of European actively managed funds underperformed benchmark, report says

More than two-thirds of actively managed European stock market funds underperformed their benchmarks in the first half of the year, according to data released Tuesday. The S&P Indices Versus Active Funds, or SPIVA, scorecard found 71% of euro-denominated European equity funds underperformed their benchmark, up considerably from the 42% that underperformed in the first half […]

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Dow, S&P 500, Nasdaq close lower in weekly slump on ‘quad witching’ and weak consumer sentiment

U.S. stock indexes closed lower Friday, slumping for the week, as bearish momentum gathered steam after a reading on consumer sentiment held close to a roughly 10-year low. Investors also were dealing with volatility Friday from simultaneous options expiries, known colloquially on Wall Street as quadruple witching. How did stocks trade? The Dow Jones Industrial Average […]

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U.S. stocks fall Friday, book weekly losses amid delta variant concerns and weakness in Amazon results

U.S. stock indexes closed lower Friday, posting a weekly loss to close out the month, with renewed concerns about a rise of cases of the delta variant COVID-19 and disappointing results from Amazon.com partly blamed for the slump. But the benchmark S&P 500 index has posted gains for six straight months, its longest winning streak […]

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European stocks slip as PMI shows business activity surging; U.S. futures hold steady after Powell

European stocks struggled on Wednesday, with fresh data showing eurozone business activity growing at the fastest rate in 15 years, while U.S. equity futures inched up. Shares of Pernod Ricard rose after an upbeat forecast. The Stoxx Europe 600 index SXXP, -0.19% fell 0.2%, while the German DAX DAX, -0.43% and French CAC 40 PX1, […]

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European stocks slip and U.S. equity futures pause as investors continue to absorb hawkish Fed turn

European stocks dipped on Friday, while U.S. equity futures traded mostly flat, as investors continued to absorb a hawkish turn by the Federal Reserve. Banks and energy companies led the decliners. The Stoxx Europe 600 index SXXP, -0.13%, up 0.4% so far this week, slipped 0.2%, along with the German DAX DAX, -0.26%. The French […]

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