GLOBAL MARKETS-Stocks Slide in Reality Check from Big Cap Earnings; Dollar Firm

October 16, 2024, 04.08 PM | Source: Reuters
GLOBAL MARKETS-Stocks Slide in Reality Check from Big Cap Earnings; Dollar Firm

ILUSTRASI. FILE PHOTO: A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna, Austria October 4, 2018. REUTERS/Lisi Niesner/File Photo GLOBAL BUSINESS WEEK AHEAD

GLOBAL MARKET - LONDON. Global stocks fell on Wednesday after gloomy results from European heavyweights LVMH and tech company ASML dented sentiment, while the dollar gained as investors banked on a more moderate decline in U.S. interest rates.

Investors have grown increasingly likely to punish shares for earnings misses and Wednesday was no exception in Europe.

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