Tag "Euro Stoxx"
The pan-European Stoxx 600 dropped 1.5% in early trade, with basic resources shedding 2.9% to lead losses as all sectors and major bourses slid into negative territory. In terms of individual share price movement, wind turbine manufacturer Siemens Gamesa plunged more than 14% after
European stocks are expected to open higher on Tuesday as investors look ahead to the next U.S. inflation reading on Wednesday. The U.K.’s FTSE index is seen opening 31 points higher at 7,464, Germany’s DAX 78 points higher at 15,886, France’s CAC 40 up 44 points
European stocks are expected to open higher on Tuesday as positive new year momentum continues in global markets. The U.K.’s FTSE index is seen opening 18 points higher at 7,434, Germany’s DAX is seen 7 points higher at 16,050, France’s
European markets fell sharply on Monday, as the rapid spread of the omicron Covid-19 variant triggers stricter containment measures across the continent. The pan-European Stoxx 600 dropped 1.5% by late morning, with travel and leisure stocks shedding 2.4% to lead
European stocks are expected to open much higher on Thursday as investors in the region digest the U.S. Federal Reserve’s decision Wednesday to accelerate the reduction of its monthly bond purchases. The U.K.’s FTSE index is seen opening 61 points higher at 7,235,
The pan-European Stoxx 600 provisionally closed up by 0.2%, with mining stocks gaining 1.2% while travel and leisure stocks dropped 1.6%. Shares in Asia-Pacific declined overnight as Japan’s export growth slowed to an eight-month low, sending shares of automakers lower. On Wall Street, U.S.
The pan-European Stoxx 600 closed up by just 0.05% with most sectors finishing in the black. Pfizer announced Friday that its easy-to-administer Covid-19 pill, used in combination with a widely used HIV drug, cut the risk of hospitalization or death from the virus by 89%
The pan-European STOXX 600 index rose 0.3%, on course to end the week with a more than 2% gain after a sharp rebound in risk appetite in the past two sessions. Banks were the top gainers in Europe, up 1.4%,
Technology, travel and retail shares fuelled declines in European stocks on Wednesday as soaring oil and gas prices intensified concerns about higher inflation denting economic growth. After a late-session rally on Tuesday, the pan-European STOXX 600 index fell 1.7%, with
European stocks fell on Friday as worries about troubled property developer China Evergrande and weak German business confidence data prompted investors to book some profit after a mid-week rally. European sportswear makers Adidas, Puma and JD Sports fell about 3%