STOXX 600
Europe stocks extend declines in shadow of Middle East tensions; Ericsson up 8%, Dr Martens plunges 30%
Dr Martens shares plunge 30% to all-time low, trading halted Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the 1990s. drmartens.com Shares of Dr Martens plunged 30% to […]
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European marketplaces open a little higher amid heightened Middle East tensions
European markets opened marginally increased on Monday amid heightened geopolitical tensions following Iran’s massive drone and missile assault on Israel Saturday night time. The regional Stoxx 600 index opened .2% bigger, with most sectors in favourable territory. Autos and insurance policies shares led gains, the two soaring .7%, when oil and gasoline fell .9% on […]
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Europe stocks swing to loss following hotter-than-expected U.S. inflation data
U.S. stocks drop after hotter-than-expected inflation data U.S. dollar rises after hot inflation print The U.S. dollar strengthened Wednesday after data showed U.S. inflation rose more than expected in March. The dollar index was 0.65% higher at 2 p.m. in London. The euro retreated 0.76% against the greenback to $1.0772, while the British pound was […]
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European markets close lower as investors look ahead to U.S. inflation data; Atos falls 14% on debt plan
U.S. stocks open higher U.S. stocks opened higher Tuesday, as markets regained momentum ahead of the release of key U.S. inflation data. The Dow Jones Industrial Average rose 0.2% in early deals, while the S&P 500 gained 0.4%. The tech-heavy Nasdaq Composite also added 0.6%. British pound climbs ahead of GDP data The British pound strengthened against the U.S. dollar and the […]
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European markets higher on busy week for central bank action
German industrial production suggests ‘end of stagnation’ Better-than-expected German industrial production figures released Monday suggest “an end of stagnation in the first quarter,” Carsten Brzeski, global head of macro at ING, said in a note. Industrial production rose by 2.1% month-on-month in February, well above the 0.3% growth expected by analysts polled by Reuters. “While sentiment […]
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European markets close lower in lackluster short trading week; Ocado down over 8%
Europe stocks close lower European stocks tumbled Friday, with the benchmark Stoxx 600 index shedding 0.88% with all sectors in the red. Germany’s DAX dropped 1.3%, while France’s CAC 40 was 1.1% lower and the U.K.’s FTSE 100 was down 0.8%. Stock Chart IconStock chart icon Stoxx 600 index. U.S. stocks open Friday in the […]
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European markets close higher as momentum returns; Delivery Hero jumps 15%, Volvo Cars up 7%
Stocks on the move: Delivery Hero up 14%, Ocado down 5% Stock Chart IconStock chart icon Delivery Hero share price. Shares of Germany’s Delivery Hero jumped 14% in late afternoon trade after Bloomberg reported that activist investment firm Sachem Head Capital Management had taken a 3.6% stake in the company and may be seeking a […]
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European markets mixed as caution returns; euro zone inflation data surprises
S&P 500 opens lower The S&P 500 kicked off Wednesday lower, putting the broad index on track for a third straight losing day. The broad index lost 0.1% shortly after 9:30 a.m. ET, while the Nasdaq Composite tumbled 0.4%. The Dow slipped around 0.1%. — Alex Harring OPEC+ technical committee recommends no oil output policy […]
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European stocks log gains of all-around 7% for the first quarter as inflation eases
LONDON — European marketplaces shut the initial quarter of 2024 around 6.8% greater Thursday as modern inflation facts carries on to clearly show pressures from greater rates are cooling. The Stoxx 600 index closed .23% better for the day, immediately after hitting yet a different all-time large in March — rising over 513 details in […]
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European markets close slightly higher; H&M up 15% after profit beat; Sweden holds rates
S4 Capital shares fall 8% on revenue warning Shares of digital marketing agency S4 Capital slipped 15% before paring losses slightly after warning of a further fall in revenues this year amid a still challenging advertising market. S4 Capital reported a 25% drop in core earnings in 2023 as tech clients cut ad spend. Shares […]
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