European Shares Flat Ahead Of U.S. Jobs Data; Samsung’s Outlook Hits Chip Sector

www.oann.com | 7/5/2019 | Staff
hakimi308hakimi308 (Posted by) Level 4
(Reuters) – European shares treaded water in early deals on Friday, as investors stayed on the sidelines before a crucial U.S. jobs report, while semiconductor stocks slipped after Samsung Electronics’s downbeat profit forecast.

The pan-European STOXX 600 index was trading flat near its more than 12-months high by 0704 GMT. It was set for its fifth straight weekly rise, fueled by a rally that was set off by hopes of an easing economic policy from major central banks and a U.S.-China trade truce.

Technology - Shares - % - Infineon - STMicroelectronics

Technology shares retreated 0.9% with Infineon , STMicroelectronics and Siltronic slipping between 0.7% and 1.5% after Samsung’s dour forecast showed the impact of...
(Excerpt) Read more at: www.oann.com
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