European stocks end lower as investors parse Airbus, Renault earnings [MSNBC.com]
NESTLE S.A S/ADR (NSRGY)
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Source: MSNBC.com
It was another busy day of earnings on Thursday with Nestle, Rio Tinto,Zurich InsuranceAirbus shares dropped about 7% after it said on Thursday that it expects todeliver 870 commercial aircraft in 2026Boeingsigns of recoveryFrench carmakerRenault's revenue for 2025Nestle's 2025 salesThe Swiss food giant said it is in advanced negotiations to sell its ice cream business to Haagen-Dazs owner Froneri. This comes after the companyrecalled baby formulaGlobal market sentiment is also in focus. U.S. stocks weretrading lower on ThursdayS&P 500Investors stateside also weighed minutes from the Federal Reserve's January meeting, whichreflected a divide among central bank officialsOil prices were seen 2% higher on Thursday, after U.S. Vice President JD Vance said that Iran did not addresscore U.S. demandsAsia-Pacific markets— CNBC's Pia Singh contributed to this market report.
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