#Latest news with #AlstomSABloomberg15-05-2025BusinessBloombergEuropean Stocks Snap Four-Day Winning Streak; Alstom SlidesEuropean stocks fell for the first time in five sessions as traders paused for breath after a rally spurred by trade optimism. Alstom SA slumped 17% as softer guidance overshadowed solid earnings. The Stoxx Europe 600 Index dropped 0.2% by the close. Consumer products and health care stocks lagged while banks and construction shares outperformed. Burberry Group Plc jumped 17% after reporting better-than-expected retail sales in the fourth quarter and announcing job cuts.
Bloomberg15-05-2025BusinessBloombergEuropean Stocks Snap Four-Day Winning Streak; Alstom SlidesEuropean stocks fell for the first time in five sessions as traders paused for breath after a rally spurred by trade optimism. Alstom SA slumped 17% as softer guidance overshadowed solid earnings. The Stoxx Europe 600 Index dropped 0.2% by the close. Consumer products and health care stocks lagged while banks and construction shares outperformed. Burberry Group Plc jumped 17% after reporting better-than-expected retail sales in the fourth quarter and announcing job cuts.