Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.

Strong bank earnings failed to sustain a rally on Wall Street, but stocks in Europe and Asia pushed higher. European and Asian indices gained after Wednesday's Wall Street rally.

Analysts fell to the sidelines weighing in on Compagnie Financiere Richemont SA (CH:CFR – Research Report), Taylor Wimpey (GB:TW – Research

European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak Chinese demand.

Piazza Affari slows down in the final and closes with a +0,4%, despite Moncler's jump. European luxury exploits after Richemont's accounts (+15%). Paris takes the pink jersey with Lvmh and Hermès. Wal

NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments suggested more interest rate cuts on the horizon.

In equities, the Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13, the S&P 500 fell 12.57 points, or 0.21%, to 5,937.34 and the Nasdaq Composite fell 172.94 points, or 0.89%, to 19,338.29. In contrast, MSCI's gauge of stocks across the globe rose 1.31 points, or 0.15%, to 848.61.

The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of

Markets cautious on the day of Trump's inauguration at the White House. At Piazza Affari, industry and banks do well, energy stocks do poorly

Global stock markets surged following reports of easing U.S. inflation, bolstering hopes for Federal Reserve interest rate cuts. Strong earnings from key corporations such as Richemont and Taiwan Semiconductor further fueled the rally.

MSCI's global equities gauge rose on Thursday, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials' comments suggested more interest rate cuts on the horizon.