European Stocks Open Lower as Profit Miss Weighs on BHP, HSBC
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European equities declined at the open as profits misses dragged on miners and banking stocks, whereas automakers remained under pressure amid U.S. tariff concerns.
The Stoxx Europe 600 Index retreated 0.2 percent. BHP Group dropped as much as 0.4 percent after earnings missed first-half estimates due to production outages. HSBC fell 2.1 percent after its fourth-quarter earnings fell short of consensus forecasts. Daimler retreated 1 percent amid tariff woes.