Healthcare and telecom stocks helped cushion European markets, while luxury shares remained weak on softer Chinese demand.
@richiewhites.bsky.social
@richiewhites.bsky.socialHealthcare and telecom stocks helped cushion European markets, while luxury shares remained weak on softer Chinese demand.
@stockmantics.comRBC analysts report "over-optimistic" profit forecasts for European luxury brands, a key driver behind their 15% stock decline. Investor expectations clearly need adjusting in this sector. 📉👓 #LuxuryStocks #Analysis