European markets expected to open higher; Ukraine peace talks in focus [CNBC]
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NASDAQ:AMEX Investor Relations:
inditex.com/investors/investor-relations/share-capital
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Source: CNBC
The markets edged higher on Wednesday, with apparel companies book-ending the pan-European Stoxx 600 . Zara's parent company Inditex led the benchmark after it reported strong nine-month results, closing the session 10% higher, while Hugo Boss shed the same amount after lowering its guidance. Volvo Cars on Wednesday reported a 10% drop in sales in November year-on-year. It sold 60,244 cars in November and saw growth only in its fully electric models, which Chief Commercial Officer Erik Severinson said was “encouraging” despite U.S. sales remaining “subdued” after the phase-out of EV tax credits. Ukraine-Russia peace negotiations continue as Rustem Umerov, the head of Ukraine's national security council, is expected to meet U.S. special envoy Steve Witkoff for talks in Miami on Thursday. It comes after discussions held between Russia and the U.S. failed to deliver a breakthrough on Tuesday. French President Emmanuel Macron is in Beijing on Thursday for a meeting with Chinese Pre
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