Luxury sector disappoints: LVMH, Hermès, Gucci miss even lowered expectations
Published 2 d ago1 sourceEvidence: Unknown
Western European equity indices closed mostly higher on Thursday as investors digested the ECB's October policy meeting and a heavy slate of corporate earnings. Spain's IBEX 35 bucked the trend, closing lower, though the report does not specify the magnitude of moves or the ECB's policy stance. The divergence suggests sector- or country-specific factors weighed on Spanish equities, but the overall market tone was risk-positive.
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