Europe's STOXX 600 flat in volatile trading; real estate weighs By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Source: Investing.com
Market Performance: Europe's main stock index, the STOXX 600, closed flat after a volatile session, marking its longest losing streak in over two months due to ongoing geopolitical tensions between Ukraine and Russia, which have led investors to seek safe-haven assets.
Sector Highlights: Automobile and real estate stocks experienced declines, while biotech company ArgenX saw a 4% gain following positive drug development news. The technology sector remained buoyed by Sage Group's strong performance and anticipation of Nvidia's quarterly results.
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.
