STOXX 600
Philips tumbles 7% after sales miss expectations; Europe stocks open mixed
BAE Systems says order backlog at record high as revenue rises 14% Britain’s largest defense firm BAE Systems said on Wednesday that its order backlog rose 11% to a record high at the end of 2024, as it reported a 14% increase in annual revenue for 2024. Operating profit rose 4% to £2.69 billion ($3.39 […]
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CNBC Daily Open: The S&P 500 notches a record — investors are unfazed by Trump’s blitz
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC U.S. President Donald Trump’s whirlwind blitz through the bureaucracy, economic policy and geopolitical affairs isn’t ending. As top U.S. officials meet their Russian counterparts for high-level talks, Trump suggested to reporters that Ukraine was somehow responsible […]
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CNBC Daily Open: The S&P 500 closed at a new high — investors remain unfazed amid Trump’s blitz
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC U.S. President Donald Trump’s whirlwind blitz through the bureaucracy, economic policy and geopolitical affairs isn’t ending. As top U.S. officials meet their Russian counterparts for high-level talks, Trump suggested to reporters that Ukraine was somehow responsible […]
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European stocks are outperforming their U.S. counterparts — but for how long?
European stock markets have been on a tear this year, brushing off tariff threats , political volatility and economic stagnation — and strategists see significant upside ahead, even if a long-awaited annual outperformance over their U.S. peers remains elusive. In January, the pan-European Stoxx 600 index notched its best outperformance against the S & P […]
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European markets rise as defense stocks continue rally
UK unemployment steady at 4.4% in final quarter of 2024 Advert on back of bus for staff vacancies in Ipswich, England. Geography Photos | Universal Images Group | Getty Images The U.K.’s unemployment held steady at 4.4% in the three months to December, data from the country’s Office for National Statistics showed on Tuesday. The […]
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CNBC Daily Open: Europe pushes for a role in Ukraine’s peace talks
European officials attend extended Weimar talks on Ukraine at the Ministry for Europe and Foreign Affairs (Quai d’Orsay) in Paris on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in government policies and its bureaucracy), across the Atlantic, Europe was springing into action […]
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CNBC Daily Open: Europe wants a say in Ukraine peace plan
Germany’s Foreign Minister Annalena Baerbock (L) talks with High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas at the Ministry for Europe and Foreign Affair)in Paris, on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in […]
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European markets edge higher as political tension lingers
Anglo American Platinum announces dividend and demerger plans Anglo American Platinum said Monday that it would pay out an additional cash dividend before a demerger that will see it become a standalone company. The additional dividend will amount to 59 South African rand ($3.21) per share, with the payout totaling 15.7 billion rand. It will […]
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CNBC Daily Open: Elon Musk’s money is not the issue for OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, which might […]
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Europe stocks lower after hitting record highs on hopes of Ukraine peace deal
European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose […]
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