Telecom, financials, healthcare and commodity-linked sectors outperform; luxury and retail the big laggards:
European macro headlines:
Armani could split 15% stake equally among preferred buyers L'Oreal, EssilorLuxottica and LVMH - La Repubblica
StreetAccount Summary: The Economist print edition
L'Oreal upgraded to neutral from underperform at BNP Paribas Exane (€359.70, 0.00)
Travel, financials, tech and retail the big laggards; telecom, food/beverage, personal goods/luxury, energy and healthcare outperform
StreetAccount Summary - Trading higher/lower: EU mid-morning
Quick Take: L'Oreal Q1 report, solid beat, strong start to the year as company grows faster than global beauty market. Shares trading higher (€344.90, 0.00)
StreetAccount Summary - European pre-market trading update
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