Economy

European Stocks Decline Affected by US Debt Ceiling Agreement

European Stocks Decline Affected by US Debt Ceiling Agreement

European stocks fell today, Tuesday, influenced by the US debt ceiling agreement. The European "Stoxx 600" index dropped by 0.2% as US and UK markets reopened.

Nestlé's shares decreased by 0.8% after the Swiss food company appointed Anna Manz, the Chief Financial Officer at the London Stock Exchange Group, as its new CFO.

Unilever's shares fell by 0.6% after the consumer goods giant confirmed that its CFO would leave by the end of May 2024.

Around Town's shares dropped nearly 2% to a record low after the German real estate company released its first-quarter results.

Our readers are reading too