UPDATE 2-European shares pull back as Mideast peace prospects assessed
Published on: May 7, 2026, 10 p.m. | Source: Devdiscourse
Defence stocks shed 2.7%, with Rheinmetall down 6.9% after the German group reported first-quarter results and said it had submitted a bid to buy German Naval Yards Kiel. Shares of Siemens Healthineers fell 4.7% after the medical technology company cut its full-year outlook, citing structural changes in the Chinese market and higher inflation expectations.
