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.
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