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Stock impact report

European Stocks Sink in Worst Day Since July on Rates, War Fears [BNN Bloomberg (Canada)]

Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC) 
Last ericsson - american depositary shares each representing 1 underlying class b share earnings: 4/22 01:48 am Check Earnings Report
US:NASDAQ Investor Relations: ericsson.com/en/investors
Company Research Source: BNN Bloomberg
The Stoxx Europe 600 Index fell 1.5% by the close, its biggest one-day decline since July. Mining and banking stocks led losses. Among individual movers, UBS Group AG shares fell after the Swiss Finance Minister told local media that the bank faces an increase in regulatory capital requirements that could reach as much as $25 billion. Ericsson AB gained after earnings beat estimates. Expectations for rate cuts have been pushed back after a slew of hot US economic data in recent weeks, weighing on European stocks in April after a strong first quarter. Federal Reserve Bank of San Francisco President Mary Daly reiterated there's no urgency for easing, pointing to solid economic growth, a strong labor market and still-elevated inflation. Focus is on Federal Reserve Chair Jerome Powell's speech later in the day. “The economy is very strong and there is no urgency to cut rates,” said Rashmi Garg, senior portfolio manager at Al Dhabi Capital on Bloomberg Television, pointing to recent h Show less Read more
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