Reply To: Traders Market Weekly: Valuation Matters in Earnings Season


Major European indices trade in the red amid continued growth-related concerns.

The U.K.’s foreign secretary Truss announced her candidacy for prime minister.
The U.K.’s newly appointed chancellor said there is no need for an emergency budget at this time.
Gas flow through the Nord Stream pipeline has been suspended for a ten-day maintenance period.

STOXX Europe 600: -0.5%
Germany’s DAX: -1.1%
U.K.’s FTSE 100: -0.5%
France’s CAC 40: -0.9%
Italy’s FTSE MIB: -0.4%
Spain’s IBEX 35: -0.5%