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European stocks open higher on China-U.S. optimism
World

European stocks open higher on China-U.S. optimism

European stocks opened higher on Friday, as investors assessed a signal that China is seeking trade negotiations will the U.S. The Stoxx 600 index jumped 0.88% in early deals, led by mining stocks, up 2.5%, while banks climbed 1.7%. Most markets were closed on Thursday for the May 1 holiday. London’s FTSE 100 ended a choppy […]

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UK stocks choppy amid best run in 8 years; Novo Nordisk jumps 5%
World

UK stocks choppy amid best run in 8 years; Novo Nordisk jumps 5%

The morning after US President Trump’s announcement of European and worldwide trade tariffs, which included a 10% levy for imported goods from the UK, shoppers spend on Oxford Street beneath union jack flags in London’s West End, on 3rd April 2025, in London, England. Richard Baker | In Pictures | Getty Images LONDON — The […]

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Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
World

Europe stocks open higher amid earnings deluge; autos gain on tariff hopes

European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]

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Stocks making the biggest moves midday: Spotify, Regeneron, Hims & Hers, Pfizer and more
Finance

Stocks making the biggest moves midday: Spotify, Regeneron, Hims & Hers, Pfizer and more

Check out the companies making headlines in midday trading: Spotify — Shares of the music streaming company lost 3.8% on the back of disappointing results. Spotify reported first-quarter operating income of 509 million euros, while analysts polled by FactSet expected 519.9 million euros. Spotify’s revenue of 4.2 billion euros was in line with estimates, while […]

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Stocks making the biggest moves premarket: Spotify, Coca-Cola, Sherwin-Williams, UPS and more
Finance

Stocks making the biggest moves premarket: Spotify, Coca-Cola, Sherwin-Williams, UPS and more

Check out the companies making headlines in premarket trading. Spotify — The music streaming stock tumbled 5% after reporting first-quarter operating income of 509 million euros, while analysts polled by FactSet had penciled in 519.9 million euros. Spotify’s 4.2 billion euro revenue was in line with estimates, while its monthly active users of 678 million […]

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Europe stocks open higher; Volvo Cars sheds 10%, Porsche falls 7% after earnings
World

Europe stocks open higher; Volvo Cars sheds 10%, Porsche falls 7% after earnings

AstraZeneca shares fall despite earnings growth AstraZeneca’s production plant in Snackviken, Sweden. Roland Magnusson | iStock Editorial | Getty Images British pharmaceutical giant AstraZeneca was 4% lower shortly after the opening bell, after the company posted its first-quarter earnings update. On Tuesday morning, AstraZeneca reported a 10% year-on-year rise in total revenue, which hit $13.59 […]

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CNBC Daily Open: U.S. consumers are starting to feel the pinch of Trump tariffs
World

CNBC Daily Open: U.S. consumers are starting to feel the pinch of Trump tariffs

A Dollar Store on April 1, 2024, in Lansing, Michigan, U.S. Spencer Platt | Getty Images News | Getty Images Tariffs unleashed — and temporarily, almost capriciously, paused — by U.S. President Donald Trump have given governments across the world a headache as they figure out how to minimize disruptions to their economies. But the […]

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Europe markets set to open higher; Italy’s Mediobanca makes .2 billion bid for Banca Generali
World

Europe markets set to open higher; Italy’s Mediobanca makes $7.2 billion bid for Banca Generali

Mediobanca puts in $7.2 billion takeover offer for Banca Generali The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025. Bloomberg | Bloomberg | Getty Images Italian lender Mediobanca on Monday made a public 6.3 billion euro ($7.17 billion) offer to buy domestic peer Banca Generali as it seeks […]

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A ‘stimulus wave’ is set to wash over Germany — and these stocks could benefit
World

A ‘stimulus wave’ is set to wash over Germany — and these stocks could benefit

Between Germany’s new coalition agreement and the country’s recent fiscal U-turn, stimulus is set to soar in Europe’s biggest economy. The fiscal package enshrined in Germany’s constitution in March includes changes to long-standing debt rules, paving the way for higher defense spending and a 500 billion euro ($548 billion) infrastructure and climate fund. Germany’s coalition […]

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Europe’s banks battered as Trump tariffs put U.S. recession on the horizon
World

Europe’s banks battered as Trump tariffs put U.S. recession on the horizon

Reading, UK – JULY 5, 2021: British High Street Banks stopping account holders buying using or processing crypto related transactions as traditional banking industry declares war on crypto currencies Craig Hastings | Moment | Getty Images European banks have been battered in the wake of U.S. President Donald Trump’s sweeping and more-aggressive-than-anticipated tariffs. The European […]

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