Reply To: Traders Market Weekly: War Drums, Bond Routes, Magnificent Seven Earnings

18 Oct '23 at 7:22 am #66677
Truman
Participant

Major European indices trade in the red.
STOXX Europe 600: -0.5%,
Germany’s DAX: -0.7%,
U.K.’s FTSE 100: -0.8%,
France’s CAC 40: -0.7%,
Italy’s FTSE MIB: -0.4%,
Spain’s IBEX 35: -0.7%.

British homebuilder Barratt Developments warned of a tough housing market due to low housing availability and high mortgage costs.