Stocks Decline on Earnings, Fading Stimulus Hopes: Markets Wrap

(Bloomberg) — Stocks slid Europe while U.S. futures dropped more modestly on Thursday after corporate earnings failed to re-ignite rallies and prospects wilted for new stimulus from Washington before the November election. The dollar rose with Treasuries.The Stoxx Europe 600 Index quickly headed toward its biggest drop in three weeks. Roche Holding slipped after quarterly sales fell short of estimates. Oil producer Total SE dropped after reporting its European refining margin ebbed. The drop in U.S. index futures signaled U.S. equities may fall for a third session. That’s unless earnings from Morgan Stanley and Charles Schwab later on Thursday manage …read more

Source:: Yahoo Finance


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