Spanish S&P Global Services PMI (Apr) 47.9 vs. Exp. 52.1 (Prev. 53.3)
The Spanish S&P Global Services PMI for April has come in at 47.9, significantly below expectations of 52.1 and down from the previous reading of 53.3.
Equinor (EQNR NO) says they will return to the topic of buybacks and dividends as the year progresses
Chinese Foreign Ministry Spokesperson Lin says China and the US are in communication on Trump's trip
Spanish S&P Global Services PMI (Apr) 47.9 vs. Exp. 52.1 (Prev. 53.3)
EUROPEAN OPEN: AMD surges as data centre growth drives beat; IFX GY sees Q3 revenue above estimates on AI spending; NOVOB DC tweaks outlook as Wegovy sales beat; BMW GY beats expectations, confirms guidance; DGE LN sales beat despite US weakness
Tesla (TSLA) to recall 218k vehicles, NHTSA
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This marks a contraction in the services sector, suggesting weakening economic momentum, which could raise concerns around growth outlook and influence market sentiment, particularly regarding European growth and potential ECB policy responses.
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