LONDON — European markets were slightly higher on Friday, with investors charting the course for monetary policy and economic growth. The pan-European Stoxx 600 nudged 0.2% higher in early trade, with travel and leisure stocks climbing 2.9% while tech stocks slipped 0.6%. The European blue chip index closed Thursday’s session in mixed territory, with European … Read more
LONDON — European markets were slightly lower on Tuesday as focus in global markets turns to a key US inflation print due Wednesday. The pan-European Stoxx 600 slipped 0.3% by mid-morning, with travel and leisure stocks shedding 1.2% to lead losses while insurance stocks gained 0.5%. Investors are trying to assess the potential pace of … Read more
LONDON — European markets are set to advance cautiously on Monday as investors continue to monitor corporate earnings and key economic data points, assessing the risk of recession. Britain’s FTSE 100 is seen around 19 points higher at 7,459, Germany’s DAX is expected to gain around 54 points to 13,628 and France’s CAC 40 is … Read more
LONDON — European markets closed lower on Friday afternoon after a key US jobs report showed unexpected strength in the labor market. The pan-European Stoxx 600 closed down by 0.8% provisionally, shortly after the release from the Bureau of Labor Statistics. Tech stocks fell 2.4% as most sectors and major bourses dipped into negative territory. … Read more
Global stock markets and Wall Street equity futures were mixed Friday ahead of an update on the US jobs market while the Federal Reserve weighs whether more interest rate hikes are needed to cool surging inflation. London, Paris and Frankfurt stocks were lower while Shanghai and Tokyo advanced. Oil prices fell back. Investors were looking … Read more
LONDON — European stocks are expected to open higher on Thursday, building on gains made in the previous session. The UK’s FTSE index is seen 7 points higher at 7,411, Germany’s DAX is expected to open 52 points higher at 13,634, France’s CAC 40 up 8 points at 6,481 and Italy’s FTSE MIB 38 points … Read more
LONDON — European markets pulled back slightly on Tuesday, tracking risk-off sentiment globally as investors assess whether last month’s rally has further to run. The pan-European Stoxx 600 dropped 0.7% in early trade, with basic resources shedding 1.8% to lead losses as almost all sectors and major bourses slid into the red. The European blue … Read more
LONDON — European stocks are expected to open in mixed territory on Monday, kicking off August trading on uncertain footing. The UK’s FTSE index is seen opening 8 points lower at 7,420, Germany’s DAX up 1 point at 13,478, France’s CAC 40 down 9 points at 6,442 and Italy’s FTSE MIB down 55 points at … Read more
LONDON — European markets are set for a cautiously higher open on Friday as investors digest a fresh swath of corporate earnings and await key economic data out of the euro zone. Britain’s FTSE 100 is seen around 16 points higher at 7,361, Germany’s DAX is set to add around 69 points to 13,351 and … Read more
LONDON — European markets were cautious on Tuesday as investors digested a fresh round of corporate earnings and looked ahead to the Federal Reserve’s policy decision on Wednesday. The pan-European Stoxx 600 hovered around the flatline in early trade, with retail stocks sliding 2.3% while oil and gas stocks gained 1.3%. Corporate earnings will be … Read more