{"id":64598,"date":"2025-09-24T09:04:54","date_gmt":"2025-09-24T09:04:54","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/09\/24\/european-shares-drift-lower-after-powells-valuation-warning\/"},"modified":"2025-09-24T09:04:54","modified_gmt":"2025-09-24T09:04:54","slug":"european-shares-drift-lower-after-powells-valuation-warning","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/09\/24\/european-shares-drift-lower-after-powells-valuation-warning\/","title":{"rendered":"European Shares Drift Lower After Powell&#8217;s Valuation Warning"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks opened lower on Wednesday after Federal Reserve Chair Jerome Powell in a speech last night said that equity prices are fairly highly valued by many measures. <\/p>\n<p>The pan-European Stoxx 600 dipped 0.3 percent to 553.48 after rising 0.3 percent on Tuesday on Fed rate cut expectations. <\/p>\n<p>The German DAX was marginally lower as a survey showed German <span class=\"landLinks\">business<\/span> sentiment fell to a four-month low in September. <\/p>\n<p>France&#8217;s CAC 40 slipped 0.1 percent and the U.K.&#8217;s FTSE 100 was down 0.2 percent. <br \/>Banks led losses, with Deutsche Bank, Credit Agricole and Barclays falling 1-2 percent. <\/p>\n<p>German wind turbine maker Nordex rose 1.3 percent after it secured an order for 50MW from Spanish company Abei Energy. <\/p>\n<p>Atos jumped 5 percent in Paris after securing a major European Commission cybersecurity contract for technical operation services.<\/p>\n<p>Buy and build group SDI tumbled 3 percent after saying it expects to deliver full-year results in line with market expectations.<\/p>\n<p>Defense stocks surged after U.S. President Donald Trump said he believed Ukraine could retake all its land occupied by Russia and that Kyiv should act now.<\/p>\n<p>&#8220;I think Ukraine, with the support of the European Union, is in a position to fight and WIN all of Ukraine back in its original form,&#8221; the president said in a post on his Truth Social platform.<\/p>\n<p>Sweden&#8217;s Saab soared 5 percent and Germany&#8217;s Hensoldt surged 4.6 percent. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Drift Lower After Powell&#8217;s Valuation Warning<\/a><br \/>\n<br \/>2025-09-24 09:04:54<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks opened lower on Wednesday after Federal Reserve Chair Jerome Powell in a speech last night said that equity prices are fairly highly valued by many measures. The pan-European&#8230;<\/p>\n","protected":false},"author":2,"featured_media":64599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-64598","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=64598"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/64599"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=64598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=64598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=64598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}