European shares slip as China-fuelled rally loses steam
- Posted on September 25, 2024
- By Business News Today
- 3 Views
European shares slip as China-fuelled rally loses steam
European shares opened lower on Wednesday as the rally from China's stimulus package faded. The STOXX 600 index dropped 0.3%, with technology and oil stocks contributing to the decline. SAP fell 3.5% due to a U.S. investigation, while Valmet Oyj surged 9.2% after securing a major order in Brazil.