European Stocks Suffer Earnings-Induced Selloff

European Stocks Suffer Earnings-Induced Selloff

Assessment

Interactive Video

Business

University

Hard

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The video discusses a third day of market declines, highlighting a 1.6% drop in the stock 600 index, the largest since May 9th. It covers the banking sector's performance, noting UBS's profit fall and HSBC's profit rise. BNP Paribas showed unexpected profit growth, while Commerce Bank faced significant losses. Aberdeen Asset Management reported substantial net outflows, and the UK manufacturing sector is contracting, raising concerns about the EU referendum's impact.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage decline of the stock 600 mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the market turbulence have on UBS's earnings?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Which bank reported a surprise increase in first quarter profit?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did Aberdeen Asset Management report in net outflows?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the trend in the UK manufacturing industry as mentioned in the text?

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