European equity markets posted a mixed performance on Thursday, as investors balanced escalating U.S.-China trade frictions over rare earth export controls against rising expectations of imminent rate cuts from the U.S. Federal Reserve.
The CAC 40 climbed 0.9%, supported by gains in major French names, while the DAX hovered just below flat and the FTSE 100 slipped 0.2%.
Among individual movers, Dragerwerk (TG:DRW3) rallied after the German medical and safety technology group upgraded its full-year outlook, buoyed by stronger quarterly results. Sartorius (EU:DIM) also rose sharply after lifting its annual guidance.
In France, Pernod Ricard (EU:RI) advanced as the spirits group signaled an improved sales outlook for fiscal 2026 following a challenging first quarter.
Swiss food and beverage giant Nestlé (BIT:1NESN) spiked after unveiling a restructuring plan that includes 16,000 job cuts worldwide over two years, part of a strategy to trim costs and boost revenue.
Conversely, (LSE:WTB) slumped after reporting a 7% decline in half-year profit, weighing on the FTSE 100.
The broader market mood remains cautious, with geopolitical risks and monetary policy expectations pulling investor sentiment in opposite directions.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.
Leave a Reply