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市场新闻

Global shares edge higher, US yields fall as strong earnings allay election worries

GLOBAL MARKETS-Global shares edge higher, US yields fall as strong earnings allay election worries S&P 500 and Nasdaq finish higher Crude prices settle lower Sentiment helped by earnings reports Benchmark 10-year US yields retreat Dollar slips, gold rises Updates prices with U.S. market close, adds new analyst quote and oil and gold settlement By Chibuike Oguh NEW YORK, Oct 24 (Reuters) - Global shares edged higher in choppy trading on Thursday, snapping three straight sessions of losses, while
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Global shares flat, US yields fall as strong earnings allay election worries

GLOBAL MARKETS-Global shares flat, US yields fall as strong earnings allay election worries S&P 500 and Nasdaq trade higher European shares gain Sentiment helped by earnings reports Benchmark 10-year US yields retreat Dollar slips, gold rises Updates prices throughout, recasts first paragraph, adds background in paragraphs 9-16 By Chibuike Oguh NEW YORK, Oct 24 (Reuters) - Global shares were flat in choppy trading on Thursday, while U.S.
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Global shares rise, US yields fall as strong earnings allay election worries

GLOBAL MARKETS-Global shares rise, US yields fall as strong earnings allay election worries S&P 500 and Nasdaq trade higher European shares gain Sentiment helped by earnings reports Benchmark 10-year U.S. yields retreats Updates prices By Chibuike Oguh NEW YORK, Oct 24 (Reuters) - Global shares rose on Thursday, on track to snap three straight sessions of losses, while U.S.
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Stocks and US futures rebound as dollar slips

GLOBAL MARKETS-Stocks and US futures rebound as dollar slips European shares and U.S. futures rise Sentiment helped by earnings reports Dollar slips after hitting three-month high Updates prices at 1110 GMT By Harry Robertson and Stella Qiu LONDON/SYDNEY, Oct 24 (Reuters) - European shares and U.S. stock futures rallied on Thursday after equity markets suffered a sell-off the previous day, while the dollar slipped as the euro, yen and pound perked up.
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European stocks and U.S. futures rebound as dollar slips

GLOBAL MARKETS-European stocks and U.S. futures rebound as dollar slips European shares and U.S. futures rise Sentiment helped by earnings reports Dollar slips after hitting three-month high Updates at 0915 GMT By Harry Robertson and Stella Qiu LONDON/SYDNEY, Oct 24 (Reuters) - European shares and U.S. stock futures rallied on Thursday after equity markets suffered a sell-off the previous day, while the dollar slipped as the euro, yen and pound perked up.
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European shares end flat as economic woes overshadow upbeat earnings

UPDATE 2-European shares end flat as economic woes overshadow upbeat earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Travel and leisure tops sectoral gainers Hermes underpins mood in luxury stocks Renault rises after Q3 sales beat Edenred plummets on slight Q3 miss Updated at 1605 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 24 (Reuters) - European shares gave up early gains to close little changed on Thursday a
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Kering shares up, shrugging off 2024 operating profit warning

UPDATE 1-Kering shares up, shrugging off 2024 operating profit warning Adds comment, detail, refreshes share price at 0729 GMT PARIS, Oct 24 (Reuters) - Shares in Gucci-owner Kering PRTP.PA rose on Thursday, shrugging off the French luxury goods company's warning that 2024 operating income would almost halve to its lowest in years due to weak demand in China.
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Assa Abloy, Kering, L'Oréal

EUROPE RESEARCH ROUNDUP-Assa Abloy, Kering, L'Oréal Oct 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assa Abloy, Kering and L'Oréal, on Thursday. HIGHLIGHTS * Assa Abloy ASSAb.ST : Deutsche Bank raises target price to SEK 305 from SEK 300 * Barratt Redrow Plc BTRW.L : Morgan Stanley cuts target price to 580p from 600p * Dowlais Group Plc DWL.L : Citigroup raises to neutral from sell * Kering PRTP.PA : JP Morgan cuts target
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Hermes jumps as it resiliently 'plows through' Q3

BUZZ-Hermes jumps as it resiliently 'plows through' Q3 ** Shares in Birkin bag maker Hermes HRMS.PA rise about 3% as it remained resilient to difficult macroeconomic conditions and reported in-line Q3 sales ** Hermes Q3 sales rise 11.3% at constant exchange rates, in line with 11.2% consensus cited by Jefferies, to 3.70 billion euros ($3.99 billion) ** Hermes "continues to show best in class status", a trader says ** "This is a sequential slowdown, driven by the growing volatility among Chinese
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Hermes continues to outshine rivals with Q3 sales up 11.3%

UPDATE 1-Hermes continues to outshine rivals with Q3 sales up 11.3% Adds China, analyst, quotes, in paragraphs 3,4, 8-11 By Mimosa Spencer PARIS, Oct 24 (Reuters) - Birkin bag maker Hermes HRMS.PA reported on Thursday a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers.
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French and Benelux stocks-Factors to watch

UPDATE 1-French and Benelux stocks-Factors to watch Adds Atos, Danone, Dassault, Eramet, Hermes, Orange and Renault Oct 24 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. A TOS ATOS.PA : The struggling French IT firm reported a 4.4% organic drop in third-quarter revenue on Thursday, blaming softer market conditions, but said it had seen an improved order entry for the next quarter.
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Hermes CFO Says Extra Tax In France Could Total Around EUR 300 Million Next Year

BRIEF-Hermes CFO Says Extra Tax In France Could Total Around EUR 300 Million Next Year Oct 24 (Reuters) - Hermes International SCA HRMS.PA Executive Vice-President Finance, Eric du Halgouet says: NO INTERRUPTION IN TRENDS IN CHINA OVER Q3 HAS NOT RAISED PRICES FURTHER EXTRA TAX IN FRANCE COULD TOTAL AROUND EUR 300 MILLION NEXT YEAR ADDING HAUTE COU
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Hermes Q3 sales up 11.3%, continues to outshine rivals

Hermes Q3 sales up 11.3%, continues to outshine rivals By Mimosa Spencer PARIS, Oct 24 (Reuters) - Birkin bag maker Hermes HRMS.PA reported on Thursday an 11.3% rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers. The French luxury company generated 3.7 billion euros ($3.99 billion) in revenue for the three months ending in September, an 11.3% rise at constant exchange rates.
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MetaBirkins NFT creator, Hermes square off in US trademark appeal

MetaBirkins NFT creator, Hermes square off in US trademark appeal By Blake Brittain Oct 23 - A U.S. appeals court judge expressed skepticism on Wednesday about Hermes' HRMS.PA trial win against an artist the company accused of violating its rights with his digital non-fungible token (NFT) versions of its famous Birkin bags. Senior U.S. Circuit Judge Pierre Leval said during a hearing at the 2nd U.S.
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Europe's STOXX 600 ends week higher as tech stocks rebound

UPDATE 2-Europe's STOXX 600 ends week higher as tech stocks rebound For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Luxury stocks aid gains on France's CAC 40 Elisa slumps on unexpected Q3 revenue fall Goldman Sachs slashes STOXX 600 2024 earnings growth forecast STOXX 600 up 0.2% Updated at 1602 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 18 (Reuters) - Europe's STOXX 600 ended higher on Friday, as tech stocks made a s
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French luxury stocks top CAC 40 as market makes most of dip created by LVMH's miss

BUZZ-French luxury stocks top CAC 40 as market makes most of dip created by LVMH's miss ** Shares in French luxury stocks lead gains on France's CAC 40 .FCHI blue-chip index ** Shares in Kering PRTP.PA jump 4.4% and LVMH LVMH.PA rise more than 3%, while Hermes HRMS.PA is up 1.8% ** Bernstein analysts Luca Solca says LVMH's Q3 miss from Tuesday has
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European tech, luxury stocks tumble as ASML, LVMH results disappoint

UPDATE 2-European tech, luxury stocks tumble as ASML, LVMH results disappoint For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. France's CAC 40 underperforms peers on luxury drag Adidas drops amid broader selloff despite third 2024 outlook Spain's IBEX closes at highest since January 2010 ECB's interest rate decision due on Thursday Updated at 1600 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 16 (Reuters) - Europe's STOXX
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Luxury’s China wobble will accelerate M&A

BREAKINGVIEWS-Luxury’s China wobble will accelerate M&A The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Oct 16 (Reuters Breakingviews) - The luxury sector is headed for a new wave of M&A. On Wednesday, shares in $330 billion giant LVMH LVMH.PA fell 7% after it revealed the bleak state of consumer spending in China.
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LVMH shares hit by weak Q3 sales, dragging down luxury sector

UPDATE 2-LVMH shares hit by weak Q3 sales, dragging down luxury sector LVMH Q3 organic sales drop for first time since pandemic Fashion and leather goods business struggles in China Shares fall as much as 7%, erasing recent gains Adds further details from paragraph 6 PARIS, Oct 16 (Reuters) - Shares in LVMH LVMH.PA were on course for their biggest one-day drop in a year on Wednesday after the luxury bellwether missed third-quarter sales forecasts, dragging down the broader sector and erasing gai
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European luxury stocks fall as LVMH miss hints to further setbacks

BUZZ-European luxury stocks fall as LVMH miss hints to further setbacks ** Shares in European luxury names fall after heavyweight LVMH LVMH.PA reported weaker than expected Q3 sales ** "LVMH Q3 trading update failed to reassure, suggesting that trends are actually softer than feared," J.P.Morgan says ** JPM points to a "material" slowdown at LVMH's
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