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European Market Updates

European Markets Finish Mostly Lower After Apple Warns

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The majority of the European markets ended Thursday's session in the red. Global growth concerns weighed on investor sentiment after U.S. company Apple lowered its first quarter revenue forecast. The lower guidance was attributed to a significantly greater than expected impact from economic weakness in some emerging markets.

Disappointing U.S. manufacturing data also contributed to the negative mood among investors. Traders are looking ahead to the release of the all important U.S. jobs report on Friday.

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