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In the US, major equity indices closed mostly lower on Monday, ending a four-week winning streak, as investors assessed Black Friday spending amid concerns over consumer activity due to high interest rates and slower job growth. Transportation and energy sectors weakened, but the 10-year Treasury yield’s decline to 4.39% supported overall market performance. In Europe, the Stoxx 50 index slipped 0.4%, driven primarily by weakness in the healthcare sector. Notable movers included BASF and Evotec, declining after a downgrade, and Casino, which fell after expressing interest in selling its stores.
Summary for 28.11.2023
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