European Stocks Retreat on Earnings Gloom and Weak US Economic Data =============== #776ce271 ver:0.22 European stocks retreat on earnings gloom and weak US economic data. Oil and gas shares drag down the STOXX 600 index, while H&M and DS Smith see jumps in their shares. Technology-related stocks lead gains on April 10, with Barry Callebaut and Koninklijke Philips reporting positive revenue. Positive earnings lift the mood after markets were roiled by a more hawkish outlook for interest rates. Consumer products and services lead an advance in the Stoxx Europe 600. Nestle and Adyen report bleak earnings, causing a drop in European stocks. Technology sector also sheds due to declines in US peers. #EuropeanStocks #EarningsGloom #WeakEconomicData #STOXX600 #TechnologySector #PositiveEarnings #InterestRates #Nestle #Adyen... #newstr #EuropeanStocks #Earnings #UsEconomicData #Nestle #Adyen #Stoxx600 #MetaPlatforms #Inflation #Ecb #Neste #Hermes #DassaultSystemes #Sabadell #DeutscheBank #Ftse100 #AngloAmerican #BhpGroup https://here.news/story/776ce271?ver=0.22