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Top Gap Ups and Downs on Wednesday: INTU, XPEV, APP and More
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What's Driving the Market Sentiment Around STMicroelectronics?
European stock markets closed higher, with gains in Medical Care stocks offsetting the decline in Technology stocks.
European stock markets rose on Tuesday, with gains in Medical Care and Banks stocks offsetting the decline in the Technology Sector and Unilever. The Stoxx Europe 600 Index closed up 0.2%, having earlier dropped by 0.3%. Novo-Nordisk A/S shares rose after Hims and HERS Health Inc. announced it would stop selling some weight loss drugs, pushing Medical Care stocks up by 1%. Xerox shares also climbed following better-than-expected performance. Concerns about the USA potentially imposing stricter restrictions on semiconductor companies weighed down the Technology stocks. STMicroelectronics shares were under pressure due to the Italian government's intention to replace this chip manufacturer.
