{
Eric Rosengren

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swiss stock market faces downturn amid us interest rate concerns

The Swiss stock market remains in a bearish trend, with the SMI Guiding Values Index down 1.08% to 8174.97 points, influenced by concerns over potential U.S. interest rate hikes. Major banks like UBS and Credit Suisse faced significant losses, while defensive stocks like Nestlé and Novartis attempted to mitigate the downturn. Kudelski saw a positive turn with a court victory against China's Gotech, while Adienne announced plans to enter the stock market without further details.
TicinoNews
United States Dollar Richemont DNS Inc. Julius Bär Stiftung Novartis AG Hoffmann-La Roche AG Swiss Life Holding AG Swatch AG ADIENNE SA Credit Suisse Anlagestiftung Gotech Swiss Re AG Zurich Insurance Group AG ABB Ltd Geberit AG UBS AG Kudelski SA LafargeHolcim Ltd. Nestlé S.A. Adecco Group AG CHE Eric Rosengren Show more
TradFi, Market Report
18:34 15.11.2024

swiss stock exchange declines as investors react to us interest rate concerns

The Swiss stock exchange closed lower, with the SMI down 0.70% at 8206.20 points, following concerns over potential U.S. interest rate hikes. Major banks like UBS and Credit Suisse faced significant losses, while defensive stocks like Nestlé and Novartis attempted to mitigate the downturn. Market experts anticipate a turbulent period ahead after recent volatility in U.S. markets.
TicinoNews
Swiss Franc Richemont DNS Inc. Swisscom AG Julius Bär Stiftung Novartis AG Actelion Ltd. Hoffmann-La Roche AG Swiss Life Holding AG Swatch AG ADIENNE SA Credit Suisse Anlagestiftung Swiss Re AG Zurich Insurance Group AG SGS SA ABB Ltd Geberit AG UBS AG Syngenta AVC SA Kudelski SA LafargeHolcim Ltd. Nestlé S.A. Adecco Group AG Givaudan SA CHE Eric Rosengren Neel Kashkari Dennis Lockhart Show more
TradFi, Market Report
17:32 15.11.2024
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