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European stock markets stabilized Tuesday, and a number of companies renewed their performance and failed to provide a clear direction for the stock market. AMS warned that orders fell to suppress chip stocks.
Pan European STOXX 600 index closed flat, trading volatility in the market, the US 10 - year bond yields since 2014 for the first time since the first rise in 3% to this market also brought some pressure.
Yields on bonds are rising, and investors are worried that they may crack down on the stock market. Oil prices rose to $75 a barrel on Tuesday to boost oil stocks, which is partly to support the stock market.
The oil and gas share index rose the largest, rising 1% to its highest level in about three years.
AMS (AMS.S), a Austria based chip maker, fell 9% after the apple supplier reported a decline in orders for a major customer and other chip stocks.
SAP (SAPG.DE) rose 3.5%, after the company said it had a strong profit recovery from competing with Salesforce (CRM.N) and Oracle (ORCL.N) in the cloud business.
Bank shares fell 0.1%, not boosted by the SAN.MC, Spain's SAN.MC, the largest bank in the euro zone, down 3.2% because of disappointing British profits.
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