{"id":63827,"date":"2022-04-13T13:30:00","date_gmt":"2022-04-13T09:30:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=63827"},"modified":"2022-04-13T15:00:30","modified_gmt":"2022-04-13T11:00:30","slug":"european-shares-fall-for-a-third-day-affected-by-fears-of-high-inflation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-fall-for-a-third-day-affected-by-fears-of-high-inflation\/04\/13\/market-updates\/","title":{"rendered":"European shares fall for a third day, affected by fears of high inflation"},"content":{"rendered":"\n<p>European shares fell for the third session in a row on Wednesday, April 13, pressured by fears of rising inflation and its potential impact on the upcoming earnings season, which undermined risk appetite.<\/p>\n\n\n\n<p>The pan-European Stoxx6000 index fell 0.2%, retail and technology stocks fell, while the mining sector advanced.<\/p>\n\n\n\n<p>And Tesco, the largest British retailer, fell 4.7% after it warned that its profits are likely to decline this year.<\/p>\n\n\n\n<p>Shares of French luxury goods LVMH rose 1% after strong demand for LV and Dior products gave a boost to first-quarter sales.<\/p>\n\n\n\n<p>The share of the Italian telecom company TIM rose by 2.9% after news of the interest of the French telecom group iliad to make a bid regarding the local consumer services unit of the Italian company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell for the third session in a row on Wednesday, April 13, pressured by fears of rising inflation and its potential impact on the upcoming earnings season, which undermined risk appetite. The pan-European Stoxx6000 index fell 0.2%, retail and technology stocks fell, while the mining sector advanced. And Tesco, the largest British retailer, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6911,6864],"class_list":["post-63827","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-europe","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/63827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=63827"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/63827\/revisions"}],"predecessor-version":[{"id":63828,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/63827\/revisions\/63828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=63827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=63827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=63827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}