Reuters | Market Insight: Luxury and Tech stocks stumble | REUTERS @Reuters | Uploaded October 2024 | Updated October 2024, 5 days ago.
After disappointing results from bellwethers LVMH and ASML, luxury and technology shares fell. Janet Mui from RBC Brewin Dolphin believes that the fall in ASML's share price makes it a buying opportunity. But she's not confident that recent measures announced by the Chinese government will lead to consumers in the country buying more luxury brands.
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After disappointing results from bellwethers LVMH and ASML, luxury and technology shares fell. Janet Mui from RBC Brewin Dolphin believes that the fall in ASML's share price makes it a buying opportunity. But she's not confident that recent measures announced by the Chinese government will lead to consumers in the country buying more luxury brands.
#news #News ## #Reuters #Newsfeed #business #markets
Read the story here:
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