European shares fell, as a decline in the technology sector offset the impact of gains in oil and auto stocks, while investors remained cautious ahead of the US jobs data. The pan-European STOXX 600 index fell 0.2 percent after technology shares fell 0.9 percent, while oil and gas shares jumped …
Read More »European Shares Rise, Supported by Lower Energy Prices
European shares rose in early trade, as lower oil and gas prices eased some of the investor concern about hyperinflation. The pan-European Stoxx 600 index rose 1.1 percent in a broad-based buying wave, reversing its weekly losses, as mining, auto, and utility advanced. Oil prices fell for the second consecutive …
Read More »European Shares Fall on Inflation Concerns
European shares fell more than 1% on Wednesday, as rising oil prices intensified concerns about rising inflation, and investors shifted from high-growth technology stocks to banking stocks. After rising late on Tuesday, the pan-European STOXX 600 index fell 1.2%, with the technology sector down more than 2%. Banking shares fell …
Read More »European Shares at Two-Month Lows on Inflation Fears
European shares fell to their lowest level in two months on Friday, continuing a global sell-off as investor sentiment was negatively affected by growing concerns about slowing economic growth and rising inflation. The pan-European STOXX 600 index fell 1.3 percent, while the travel and leisure, banking and auto industry sectors …
Read More »European Shares Set to Rise at Volatile End of September
European shares rose, extending gains after a heavy sell-off earlier this week as persistent concerns about slowing global economic growth and rising inflation put major markets on a monthly decline path. The pan-European STOXX 600 index rose 0.6 percent, led by defensive sectors such as real estate, healthcare, and food …
Read More »European Shares Stabilize After Technology-Led Turmoil
European shares stabilized, after one of the worst market turmoil this year, as investors turned to defensive stocks of the healthcare sector amid persistent concerns about growth and inflation. The pan-European STOXX 600 index rose 0.8 percent after tumbling 2.2 percent on Tuesday, its biggest one-day percentage drop since mid-July. …
Read More »European Shares Fall on Losses in Technology
European shares rebounded during trading on Tuesday, September 28, as a jump in government bond yields pressured high-growth technology stocks, in addition to the emergence of new indications of a slowdown in the Chinese economy that cast a shadow on investor sentiment. The European STOXX 600 index fell 0.4%, declining …
Read More »European Shares Fall as Concerns Grow Over Evergrande
European shares fell at the open, as concerns persisted over troubled Chinese real estate developer Evergrande, and China-exposed mining and retail stocks were among the biggest losers. The pan-European Stoxx 600 index fell 0.5%, after three days of gains. Mining, auto and retail stocks fell more than 1 percent. Investors …
Read More »European stocks climb on Bank of England, Fed statements
European stocks have been traded higher Thursday as global markets reacted to the latest policy decisions from the Bank of England and the U.S. Federal Reserve.Investors are still digesting the Fed’s decisions and the statements by the Bank of England, as the IHS Markit’s flash composite Purchasing Managers’ Index (PMI) …
Read More »European Shares Rise For The Third Day
European shares rose for the third day in a row as global sentiment improved after concerns over the financially crippled Chinese real estate developer Evergrande eased, while investors awaited the latest batch of market surveys. The pan-European Stoxx 600 index rose 0.6 percent, on track to post strong gains at …
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