The Stoxx Europe 600 Index fell by 2%, reaching 496.52 points. Novo-Nordisk A/S's stock price plummeted by 27%, marking the largest single-day drop in 22 years. This was due to the disappointing trial results of Novo-Nordisk A/S's weight loss drug CagriSema. On Friday, Novo-Nordisk A/S announced that its experimental next-generation obesity drug Cagrisema helped overweight patients lose 22.7% of their weight in a late-stage trial, falling short of the expected 25%, leading to a significant decline in its stock price.
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00:36
The Republican Party in the USA House of Representatives has reached an agreement to implement the 'Plan C' to avoid a government shutdown.
00:31
The Dow Jones Industrial Average Index is currently at 2,954.31 points, up 612.07 points.
.DJI+1.40%
00:30
The Europe STOXX 600 Index initially closed down 0.80%, at 502.59 points, with a weekly decline of approximately 2.7%. The Eurozone STOXX 50 Index initially closed down 0.20%, at 4868.03 points, with a weekly drop of about 2.0%. The FTSE Europe 300 Index initially closed down 0.88%, at 1996.21 points.
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