FTSE 100
European stocks close lower as traders focus on earnings and bond yields
Canada’s central bank cuts interest rates by 50 basis points Canada’s central bank on Wednesday took a big step in easing monetary policy by cutting its key benchmark rate by 50 basis points to 3.75%. The Bank of Canada said it expects the global economy to expand at a rate of about 3% over the […]
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European stocks lower; defense firm Saab up 6%; German software giant SAP hits all-time high
HSBC names first female CFO, announces restructure LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images HSBC on Tuesday announced a […]
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European markets rise day after ECB rate cut; Gucci-owner Kering climbs 5%
ECB and Fed will be ‘fairly synchronized’ when it comes to pace of rate cuts, portfolio manager says The European Central Bank and the U.S. Federal Reserve will likely cut interest rates at a relatively similar pace as their respective rate cutting cycles are underway, Konstantin Veit, portfolio manager at Pimco, told CNBC’s “Street Signs […]
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LVMH falls 6% as third-quarter revenues drop; European markets trade lower
European markets traded lower Wednesday morning as global market sentiment took a turn for the worse. The pan-European Stoxx 600 index was down 0.2% early on in the trading session with the majority of sectors in negative territory. The FTSE 100 was up 0.8% at the open after the latest U.K. data showed the inflation […]
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European markets mixed as Germany’s DAX hits record high; Oil and gas stocks down 3%
Oil and gas stocks trade lower after IEA says oil market facing ‘sizeable surplus’ A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil and gas stocks were 3% lower at 9:45 a.m. in London, after the International Energy Agency said the oil market was […]
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Europe stocks end choppy week higher; UK economy returns to growth in August
Europe stocks follow Wall Street higher S&P 500 opens little changed The S&P 500 opened little changed Friday, but headed for a fifth consecutive winning week. The Nasdaq Composite dipped 0.3%, while the Dow Jones Industrial Average gained 140 points, or 0.3%. — Samantha Subin Siemens Energy up 3.8% Shares of Siemens Energy rose 3.8% […]
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European markets turn lower after starting the new trading week with positive momentum
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. Arne Dedert | Picture Alliance | Getty Images LONDON — European stocks started the new trading week on a positive […]
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European markets climb higher after U.S. jobs report; Maersk down 5%
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. Staff | Reuters LONDON — European stocks climbed higher Friday after the latest U.S. jobs report soared past expectations. The pan-European Stoxx 600 was up 0.4% […]
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European markets close 1% lower as investors focus on Middle East escalation
Smoke rises from a building destroyed by an Israeli airstrike as journalists and local residents visit during a press tour on October 2, 2024 in Beirut, Lebanon. Daniel Carde | Getty Images LONDON — European stocks ended the day lower on Thursday as conflict in the Middle East weighed on regional investor sentiment. The pan-European […]
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European markets kick off October trading on a high note; euro zone inflation data in focus
A shopping street in Steglitz district, Berlin, Germany. Getty Images LONDON — European stocks kicked off October trading in positive territory after ending September on a somber note. The pan-European Stoxx 600 was up 0.2% in opening trade, with sectors and major bourses diverging. Tech and travel and leisure stocks led gains, both up 0.44%, […]
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