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0 0.000201665759170796 8.06663036683414E-05 0.00104866194768787 0.00112932825135621 0.00373081654465893 0.00516264343477121 0.00516264343477121
Stock impact report

European Stocks Fall as Auto and Luxury Shares Curb Optimism [BNN Bloomberg (Canada)]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: BNN Bloomberg
The Stoxx Europe 600 Index declined 1.4% by the close in London. Most sectors dropped Friday, led by autos, technology and luxury stocks, while utilities and telecoms were the only sectors in the green. Among individual stocks, Mercedes-Benz Group AG dropped after the company cut its financial forecast for the year. The carmaker cited a rapid deterioration of its business in China, marking the latest blow to Germany's struggling industrial sector. Luxury shares were among the worst performers after analysts at Jefferies International Ltd. and Goldman Sachs Group Inc. cut estimates. European delivery companies including Deutsche Post AG and International Distribution Services Plc were also under pressure after US operator FedEx Corp. warned its business would slow in the year ahead. The Federal Reserve's rate cut earlier this week had sent European stocks back near their record highs, and strategists surveyed by Bloomberg expect the rebound to continue. Still, worries linger and Show less Read more
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