CAC 40 Index
Germany’s defense stocks fall after lawmakers open door to higher spend; Rheinmetall sheds 6.3%
German defense names fall day after spending package approved by parliament German defense stocks were lower in mid-morning trade, a day after the country’s parliament approved a landmark fiscal package that will allow higher government defense and infrastructure spending. Rheinmetall, one of the top performers on the Stoxx 600 on Tuesday, was down 6.3% at […]
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Europe stocks close higher led by Germany’s DAX after lawmakers reportedly agree spending boost
Sterling slides after disappointing growth data The British pound was down 0.25% lower against the U.S. dollar and 0.44% lower against the euro at 4 p.m. in London. Earlier in the day, data showed the U.K. economy contracted 0.1% month-on-month in January, against the expected 0.1% expansion. “Although today’s figures come as something of a […]
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European markets higher despite global trade uncertainty
Deutsche Bank names autos as ‘growing risk’ for its portfolio Deutsche Bank flagged autos as a “growing risk” for its portfolio that is being “monitored closely given the challenging economic environment in Europe, Electric Vehicles (EV) transition and competition in China,” Germany’s largest lender said in its annual report out Thursday. Europe’s auto sector now […]
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European markets open lower; Novo Nordisk, Novartis retreat
European markets opened lower on Tuesday as global markets buckle amid anxiety that the U.S. economy will suffer because of President Donald Trump’s trade tariff policies. The pan-European Stoxx 600 index was around 0.2% lower shortly after the opening bell, with the U.K.’s FTSE 100 down 0.2%, while France’s CAC 40 was up 0.3%, and […]
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European markets fall as traders digest latest Trump tariff reprieve; Luxury stocks decline
European markets were broadly lower Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate cut from the European Central Bank, German fiscal reforms and a regional defense spending boost. The regional Stoxx 600 index was down 0.65% at 10:20 a.m. U.K. time, with retail and household goods stocks […]
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Air France-KLM pops 16% after profit beat; Europe markets open higher ahead of ECB meeting
European markets opened higher on Thursday as investors look ahead to the latest monetary policy decision of the European Central Bank. Source
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Europe stocks open higher; German borrowing costs soar as Merz plans debt rule overhaul
European stocks opened higher Wednesday amid optimism that U.S. President Donald Trump’s 25% duties on Canada and Mexico could be relaxed, with investors also paying close attention to the potential reform of Germany’s contentious debt brake system. The Stoxx 600 index was 1.05% higher shortly after the open, following the broad downturn in global equities on […]
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European markets poised to open lower as U.S. tariff threat weighs on sentiment
European markets are expected to open in negative territory on Friday, after U.S. President Donald Trump threatened once again to slap tariffs on the EU and followed through with new levies on Canada and Mexico. London’s FTSE 100 is expected to open 0.6% lower, according to IG, while the German DAX index is slated […]
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German stocks lift European markets higher; Wienerberger jumps 12%
U.S. stocks open higher Wednesday U.S. stocks kicked off Wednesday’s trading session in the green. The S&P 500 added 0.2%, and the Nasdaq Composite gained 0.3%. Meanwhile, the Dow Jones Industrial Average flickered near the flatline. — Hakyung Kim Wolters Kluwer shares slide 10%; CEO announces retirement after 22 years Wolters Kluwer shares tumbled on […]
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Markets relieved by German election result, but key industries remain mired in uncertainty
Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. Germany Finance Minister Christian Lindner, leader of the free market-leaning FDP, issued a position paper on Friday calling for tax cuts and a slower approach to emissions reductions. Bloomberg | Bloomberg | Getty Images Germany’s election result delivered a […]
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