European stocks rise as inflation concerns dominate market sentiment; Greggs tumbles 12%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2025
0mins
Source: CNBC
European Market Trends: European stocks rose 0.4% as inflation concerns dominated the market, with retail and mining sectors showing mixed performance; however, companies like Marks and Spencer reported strong sales while B&M and Greggs faced declines in share prices due to lowered profit forecasts.
Global Economic Indicators: The U.S. Federal Reserve's December meeting minutes indicated increased inflation risks, impacting investor sentiment, while China's consumer price inflation fell to 0.1%, raising deflation concerns amid a challenging global economic environment.
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.
