The Stoxx 600 index fell, while Novo Nordisk AS rose 4% against the trend

AASTOCKS
2025.05.07 15:19

The market is focused on corporate performance and awaiting the latest monetary policy statement from the Federal Reserve. Retail sales in the Eurozone and the EU fell by 0.1% in March compared to the same period last year. European stock markets fell on Wednesday, with the Stoxx 600 index down 0.7%.

Danish pharmaceutical giant Novo Nordisk reported first-quarter earnings that exceeded expectations and lowered its earnings guidance for the year, but its stock price still rose over 4% against the trend.

The UK construction purchasing managers' index continued to decline in April, with the FTSE 100 index down 57 points or 0.7%, closing at 8,540 points.

Germany's Federal Statistical Office announced that new manufacturing orders in Germany increased by 3.6% quarter-on-quarter after adjustment. The German DAX index fell by 129 points or 0.6%, closing at 23,120 points. The French CAC 40 index fell by 81 points or 1.1%, closing at 7,615 points

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