European markets drift lower, as healthcare stocks retreat

European stocks slipped on Tuesday as healthcare stocks fell.

The Stoxx Europe 600 /zigman2/quotes/210599654/delayed XX:SXXP +1.26% fell 0.2% to 471.19, as Danish drugmaker Novo Nordisk /zigman2/quotes/207193277/delayed DK:NOVO.B -1.25% , Spanish utility Iberdrola /zigman2/quotes/202060935/delayed ES:IBE +0.41% and Asia-focused banking giant HSBC Holdings /zigman2/quotes/203901799/delayed UK:HSBA +2.09% slipped.

Of the major regional indexes, the German DAX /zigman2/quotes/210597999/delayed DX:DAX +1.38% gained 0.3%, while the French CAC 40 /zigman2/quotes/210597958/delayed FR:PX1 +1.17% declined 0.4% and the U.K. FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX +1.67% declined 0.3%.

The biggest Stoxx 600 gainer was Zur Rose /zigman2/quotes/205626361/delayed CH:ROSE -1.02% , which rose 7%.

The biggest Stoxx 600 faller was Kesko /zigman2/quotes/209867196/delayed FI:KESKOB +2.13% , which fell 5%.

/zigman2/quotes/210599654/delayed

Add to watchlist XX:SXXP

STOXX Europe 600 Index

XX : STOXX

436.54

+5.44 +1.26%

Volume: 0.00

May 23, 2022 5:50p

/zigman2/quotes/207193277/delayed

Add to watchlist DK:NOVO.B

Novo Nordisk A/S Series B

DK : Denmark: OMX

kr. 751.80

-9.50 -1.25%

Volume: 1.49M

May 23, 2022 4:59p

P/E Ratio

34.95

Dividend Yield

1.38%

Market Cap

kr.1713.97 billion

Rev. per Employee

kr.3.12M

/zigman2/quotes/202060935/delayed

Add to watchlist ES:IBE

Iberdrola S.A.

ES : Spain: Madrid

€ 11.15

+0.05 +0.41%

Volume: 7.52M

May 23, 2022 5:38p

P/E Ratio

17.49

Dividend Yield

3.20%

Market Cap

€68.43 billion

Rev. per Employee

N/A

/zigman2/quotes/203901799/delayed

Add to watchlist UK:HSBA

HSBC Holdings PLC (UK Reg)

UK : U.K.: London

501.00 p

+10.25 +2.09%

Volume: 26.31M

May 23, 2022 4:35p

P/E Ratio

12.18

Dividend Yield

4.00%

Market Cap

£98.67 billion

Rev. per Employee

£200,552

/zigman2/quotes/210597999/delayed

Add to watchlist DX:DAX

DAX

DX : Xetra Indices

14,175.40

+193.49 +1.38%

Volume: 60,577

May 23, 2022 6:30p

/zigman2/quotes/210597958/delayed

Add to watchlist FR:PX1

CAC 40 Index

FR : France: Euronext Paris

6,358.74

+73.50 +1.17%

Volume: 82,641

May 23, 2022 6:05p

/zigman2/quotes/210598409/delayed

Add to watchlist UK:UKX

FTSE 100 Index

UK : FTSE UK

7,513.44

+123.46 +1.67%

Volume: 647,826

May 23, 2022 4:59p

/zigman2/quotes/205626361/delayed

Add to watchlist CH:ROSE

Zur Rose Group AG

CH : Switzerland: SWX

CHF 106.90

-1.10 -1.02%

Volume: 112,609

May 23, 2022 5:30p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

CHF1.12 billion

Rev. per Employee

CHF810,184

/zigman2/quotes/209867196/delayed

Add to watchlist FI:KESKOB

Kesko Oyj Series B

FI : Finland: Helsinki

€ 24.49

+0.51 +2.13%

Volume: 448,361

May 23, 2022 6:29p

P/E Ratio

17.00

Dividend Yield

4.33%

Market Cap

€9.24 billion

Rev. per Employee

€649,368