European shares fell for a third consecutive session on Wednesday. Losses in healthcare and construction stocks went against a lift from positive earnings from consumer company Nestle and telecoms equipment maker Ericsson.
Patrick Moonen, principal strategist in the multi-asset team at NN Investment Partners, told Reuters: “Earnings have been generally well above expectations, and guidance has been a positive surprise.”
He added: “But there are other elements that are currently at play and may have a bigger impact on the market performance than earnings.”
FOLLOW BELOW FOR LIVE UPDATES FROM EXPRESS.CO.UK
Published at Thu, 22 Oct 2020 05:48:18 +0000