European markets climb as U.S., Asia-Pacific stocks bounce back

Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024.

Betty Laura Zapata | Bloomberg | Getty Images

LONDON — European markets were higher on Friday as they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher.

The pan-European Stoxx 600 was last 0.53% higher at 12:53 p.m. London time. Regional bourses and sectors were also all trading in positive territory. Mining stocks led gains and added 1.43%, while travel and leisure stocks added 1.27%.

Stock picks and investing trends from CNBC Pro:

Back in Europe, Hargreaves Lansdown and Lanxess are set to report quarterly earnings. On the data front, final July inflation prints are expected from Germany and Italy.

Source

World

Trump says he will announce a replacement for Powell as Fed chair Friday morning

January 30, 2026

U.S. President Donald Trump speaks in the Oval Office at the White House on Jan. 29, 2026 in Washington, DC. Samuel Corum | Getty Images President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair. Speaking at the premiere for “Melania,” the film about first lady […]

World

Gold prices fall over 4%; Asia-Pacific shares trade mixed after Trump says he will name new Fed chair

January 30, 2026

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Gold and silver prices fell on Friday after hitting a record high on Thursday. Spot gold prices declined over 4% to $5,156.64 per ounce. The yellow metal remained around 20% higher year to date. Silver […]

World

CNBC Daily Open: iPhone drove Apple’s robust earnings — but investors weren’t too enthused

January 30, 2026

A general view of the Apple retail store on Nanjing East Road in Shanghai, China, on Jan. 29, 2026. Ying Tang | Nurphoto | Getty Images One of the defining features of Apple’s iPhone 17 Pro is its 8x zoom — it helps focus on things that matter. For consumers, it’s memorable moments; for Apple, […]