HomeEconomyEuropean stocks open lower, Inditex leads retailers higher Economy European stocks open lower, Inditex leads retailers higher By inew September 14, 2022 0 65 views Share FacebookTwitterPinterestWhatsApp Tok -0.% Add to To Watchlist/Remove from Watchlist Add to watch list Add Location Job added successfully: Please name your portfolio type:purchase Sell date: ) quantity: price Point value: Leverage: 1:1 ITX 100+5.11% Add to/Remove from watchlist Add to watch list Add Location Job added successfully: Please name Your portfolio type: purchase Sell date: quantity: price Point value: Leverage: 1:11: 1: ) (Reuters) – European shares fell after higher-than-expected U.S. inflation cemented the view that the Federal Reserve will raise interest rates sharply next week Open Wednesday, but Spain 500100 Inditex (BME: 100ITX) to keep the drop to a minimum. Entire Continent 500 Stokes 11 The index was down 0.3% GMT, with the rate-sensitive tech sector down 0.4%. The European Banks Index edged up 0.1%. Data released on Tuesday showed U.S. consumer prices rose more than expected in August, giving the Fed a third of its ammunition – Next bps rate hike Wednesday. Retail stocks Shares in Inditex, the parent company of leading fashion brand Zara, rose 2.3 percent, jumping 5 percent. Spanish shares rose 0.3%, one of the few top gainers in Europe. Inditex reported a With six-month sales of .5% and higher profits than a year ago, July ended on solid footing just before fashion demand began to weaken last month amid rampant inflation. 50 Share FacebookTwitterPinterestWhatsApp Previous articleZurich: Chairman of the Asghar Farhadi Competition JuryNext articleAnalysis – China poised to shake economic leadership as reformers pull out inewhttps://inew.news RELATED ARTICLES Economy India's finance minister asks state-run banks to assess risks March 25, 2023 Economy Analysis – Banking woes, Fed keep investors on edge amid jittery U.S. stocks March 25, 2023 Economy Germany, EU agree on future use of internal combustion engines March 25, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Lo hicimos bien , Pero Hubo Un declive . ¿Debo Darlo Un intento March 25, 2023 Meet the Yankees' top pick, Anthony Volpe March 25, 2023 India's finance minister asks state-run banks to assess risks March 25, 2023 'Vanderpump Rules' star Raquel Lewis plans to withdraw restraining order against Scheana Shay March 25, 2023 Load more Featured NEWS YouTube TV abruptly shuts down MLB Network as spring training looms February 1, 2023 Cecilia Vega jumps from ABC News to CBS' 60 Minutes January 20, 2023 Ideas on how to Earn More zodiac casino canada mobile bonus money In the Online casino December 24, 2022 Cardano (ADA) Price Reacts Poorly To Vasil Hard Fork September 23, 2022 Load more
