Reuters
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Market Insight: Luxury and Tech stocks stumble | REUTERS
Posted
October 16, 2024
Views
479
Likes
13
Engagement
2.71%
October 16, 2024
479
13
2.71%
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5:13Now PlayingAfter 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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