European shares little changed ahead of US payrolls data By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
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Should l Buy ?
Source: Investing.com
European Market Overview: European shares remained mostly stable as investors awaited U.S. payroll data, with the pan-European STOXX 600 index slightly down but on track for its seventh consecutive weekly gain due to strong quarterly earnings overshadowing trade war concerns.
Stock Movements: L'Oreal and Porsche AG experienced significant declines following disappointing growth reports and profit warnings, while Danske Bank saw a rise in stock value after announcing record profits and a new share buyback program.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
