1258 GMT - Europe's luxury, healthcare, aerospace, chemicals and technology hardware sectors look exposed to a weaker dollar, JPMorgan analysts say in a research note. Weakness in the greenback means companies that generate a large proportion of their earnings in the U.S. and have little exposure to dollar-denominated costs face headwinds, JPM says. Campari, Fresenius Medical Care, Getinge, Kuehne + Nagel, Maersk and Pernod Ricard are some of the stocks that face foreign-exchange headwinds, according to JPM. Meanwhile, a weaker dollar should represent a tailwind from a cost and supply-chain perspective for retailers, sporting goods, airlines, and metal-and-mining sectors, JPM says. The Stoxx Europe 600 index is up 0.4%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
May 30, 2025 08:58 ET (12:58 GMT)
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