Global Stock Markets Show Mixed Performance Amid Central Bank Decisions

1 min read
Source: CNBC
Global Stock Markets Show Mixed Performance Amid Central Bank Decisions
Photo: CNBC
TL;DR Summary

European stock markets had a mixed start to the week, with the Stoxx 600 flat after reaching a two-year high last week. Oil and gas stocks rose while autos fell, and investors are preparing for a busy week of earnings, data releases, and central bank announcements. Philips shares dropped 6.2% after missing results expectations and reaching a U.S. settlement over a ventilator recall, while Swiss building materials firm Holcim gained 5% after announcing plans to spin off its North American business. Oil prices rose after Iran-linked missiles killed U.S. troops in Jordan, and Hong Kong-listed shares of Evergrande plunged 12.2% before being halted as a court ordered the liquidation of the Chinese real estate developer.

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