Orsted shares plummet 13% as U.S. pauses 5 offshore wind projects; European markets closed lower
It follows a record-breaking previous session which saw the Stoxx 600 index hit 588.07 points.
TL;DR
- European markets ended lower, with the Stoxx 600 down 0.1%.
- Orsted shares fell 12.7% after the U.S. suspended offshore wind project leases due to national security concerns.
- Abivax shares soared 15.4% amid rumors of a potential takeover by Eli Lilly.
- Gold and silver prices reached record highs, up significantly year-to-date.
- China's central bank kept its loan prime rates unchanged.
- U.S. and U.K. presidents discussed Ukraine and Gaza.
- Shein escaped a ban in France for selling child-like sex dolls, but must implement age verification.