Europe stocks lower after hitting record highs on hopes of Ukraine peace deal

Europe stocks lower after hitting record highs on hopes of Ukraine peace deal


European stock markets opened lower on Friday after hitting record highs earlier this week.

The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat.

Asia-Pacific markets were mixed Friday, after Wall Street rose overnight as President Donald Trump signed a reciprocal tariffs plan, but did not enact the levies immediately.

Mainland China’s CSI 300 Index rose 0.86%, while Hong Kong’s Hang Seng index surged 3.06%, extending its gains from the previous session.

Japan’s benchmark Nikkei 225 ended the day 0.79% lower at 39,149.43, while the broader Topix index lost 0.23% to close at 2,759.21.

In European markets, British lender NatWest reported its full-year earnings, beating estimates on profit and revenues. The company, which is still partly owned by the state, said that the U.K. government had reduced its stake in the bank from 7.98% to 6.98%.



Source

Cisco stock has worst day since 2022 as memory prices pressure margins
World

Cisco stock has worst day since 2022 as memory prices pressure margins

A logo sits illuminated outside the Cisco booth at ISE 2024 on January 30, 2024 in Barcelona, Spain. Cesc Maymo | Getty Images Cisco Systems shares closed 12% lower Thursday as rising memory prices put pressure on the networking company’s margins. It’s the stock’s worst day since 2022. Strong demand for artificial intelligence data centers […]

Read More
Airbnb shares rise on company’s revenue beat, rosy guidance
World

Airbnb shares rise on company’s revenue beat, rosy guidance

Shares of Airbnb were up about 2% in extended trading Thursday after the company reported fourth-quarter results that beat expectations for revenue and offered rosy guidance for the current period. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 56 cents vs. 66 cents expected Revenue: $2.78 billion vs. $2.72 billion […]

Read More
Rivian stock rises 15% as automaker tops Q4 expectations, targets significant production increase
World

Rivian stock rises 15% as automaker tops Q4 expectations, targets significant production increase

The Rivian R2 is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this year, but the […]

Read More