Tag: European stocks

August 29, 2023

European stocks closed higher on Monday, led by gains in technology sector. Shares from automobile, banking and industrials sectors gained as well. China’s stimulus to ease market unrest and drive economic growth, helped underpin sentiment. Chinese authorities announced a slew […]

August 28, 2023

Germany’s DAX 30 finished up 1%, France’s CAC 40 closed up 1.4%, and the Italian FTSE MIB was 1.3% higher by the end of the trading session. Markets were closed in the U.K. for a public holiday. It came as […]

December 6, 2022

European stock markets are likely to open negative on Tuesday tracking losses in Asian peers and overnight losses on Wall Street. Stronger-than-expected services activity data from the U.S. on Monday renewed fears of further tightening by the Fed, which eclipsed […]

November 28, 2022

European stock markets are likely to open negative on Monday tracking losses in Asian peers. China’s surging Covid caseload and widespread protests against the strict restrictions dampened investor sentiment in most of the Asian markets. On Friday, reaction to the […]

October 13, 2022

European stocks reversed gains on Thursday after another hot inflation reading from the United States spurred expectations that the Federal Reserve was likely to stay aggressive in its fight against inflation. The region-wide STOXX 600 index fell 1.3% after rising […]

August 24, 2022

The dollar eased while U.S. and European stocks edged higher on Wednesday ahead of a speech at the end of the week by Federal Reserve Chair Jerome Powell that may signal a reaffirmation or a “pivot” from an aggressive policy […]

May 19, 2022

European stocks fell on Thursday to extend losses from the previous session, as mounting concerns over high inflation and slowing global growth sent investors flocking to the safe haven of the dollar and bonds. U.S. retail giants Target and Walmart […]

April 25, 2022

Commodity stocks slumped 6% on Monday, leading sharp declines across European stock indexes as worries about an economic slowdown in China and rapid U.S. interest rate hikes overshadowed relief from French Presidential election results. As investors flocked to the safety […]

March 9, 2022

European stocks and Wall Street futures rebounded Wednesday as investors watched diplomatic efforts to end Russia’s attack on Ukraine, while Asian markets sank after Chinese inflation accelerated. Already high oil prices added more than $1 per barrel following President Joe […]

November 29, 2021

European shares rose on Monday after their worst selloff in more than a year as investors awaited clues on whether the Omicron variant of coronavirus would hamper economic recoveries and monetary tightening plans by central banks. The pan-European STOXX 600 […]

November 23, 2021

European stocks are likely to open lower on Tuesday as inflation and rate-hike concerns dominate headlines. Doubts about whether the Bank of England will raise interest rates in December and concerns over the spread of Covid-19 in Europe may also […]

November 15, 2021

European shares hit another record peak on Monday after comments from European Central Bank Chief Christine Lagarde helped beat back bets of tighter monetary policy, while a fall in miners kept gains at bay. ECB President Lagarde said the current […]

October 4, 2021

European stocks ended weak on Monday with investors largely staying cautious, fretting over risk to growth from rising inflation and China Evergrande’s financial troubles. Market participants closely watched beleaguered developer China Evergrande, whose shares were suspended in Hong Kong ahead […]

August 18, 2021

European stock markets are expected to open higher Wednesday, taking their lead from gains in Asia rather than the weak close on Wall Street, ahead of key inflation data and an update from the Federal Reserve. At 2:05 AM ET […]

February 18, 2021

A vaccine-fueled economic recovery and investors’ surging appetite for risk mean that the European equity rally can keep going in 2021, according to strategists. After strong gains since the start of the year, the bull case for Europe has now […]

January 14, 2021

European markets closed higher on Thursday as investors looked ahead to an announcement from U.S. President-elect Joe Biden about additional fiscal stimulus, and reacted positively to encouraging updates on the coronavirus vaccine front. According to reports Johnson & Johnson’s one-shot […]

August 17, 2020

European stocks traded mixed at the start of a new week, as investors kept an eye on rising coronavirus cases on the continent and around the globe. The Stoxx Europe 600 Index SXXP, 0.08% was fractionally up 0.1% at 368. […]

August 11, 2020

European stocks rallied on Tuesday, taking heart from signs of a slowing spread of the coronavirus pandemic and the possibility that a new round of U.S. stimulus will get enacted. Up 0.3% on Monday, the Stoxx Europe 600 SXXP, 1.98% […]

July 13, 2020

European stocks rose on Monday, as optimism surrounding second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key U.S. state of Florida. After edging up 0.4% last week, the Stoxx Europe 600 SXXP, 0.74% gained 0.6%. The […]

June 19, 2020

European stocks pushed higher on Friday and headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was driving some momentum. The Stoxx Europe […]