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Autos and apparel makers boost European stocks, while U.S. equity futures struggle - MarketWatch

Autos and apparel makers boost European stocks, while U.S. equity futures struggle - MarketWatch

Autos and apparel makers boost European stocks, while U.S. equity futures struggle - MarketWatch
Oct 16, 2020 1 min, 22 secs

European stocks rebounded on Friday, thanks to upbeat results from LVMH Moët Hennessy Louis Vuitton and Daimler, while U.S.

equity futures turned positive on vaccine news and as investors awaited retail sales data.

rose 0.7% to 365.63, after closing down 2% on Thursday, the biggest one-day drop since Sept.

on Friday.

said it may know by October if its COVID-19 vaccine candidate is effective.

Markets have endured some setbacks on the vaccine front this week, from Eli Lilly.

Several European countries were forced to tighten restrictions this week, moves that included a curfew in Paris and bans on different households gathering in London.

will continue Brexit talks with the European Union, after an inconclusive summit this week

The apparel sector was a leading gainer on Friday, thanks to a 6% jump in shares of CAC 40 heavyweight LVMH Moët Hennessey

The luxury-goods maker reported strong growth at its Louis Vuitton and Dior brands, partly offsetting steep declines elsewhere

shares after the German auto maker reported preliminary third-quarter earnings above market consensus, and said it expects a strong remainder of 2020

That is as data showed passenger-car registrations rose in the European Union rose for the first time in a year in September, for a gain of 3.1%

shares rose 1% in Paris

Shares rose 3%

The U.K.-based international industrial and metals group, Liberty House, could announce a bid for Thyssenkrupp’s loss-making steel division as soon as Friday, the Financial Times reported, citing sources

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