European shares fell today after hitting unprecedented high levels earlier in the week, as investors’ eyes are turning to US and European economic data to derive indications about the direction of monetary policy in the future. The pan-European Stoxx 600 index fell 0.1%, in line with the cautious moves of …
Read More »European Stocks Rise to New Record High
European stocks finished higher on Wednesday, hitting a new all-time record high, amid improves investors’ sentiment towards economic recovery from the pandemic. The STOXX 600 Europe index gained 0.28% to close at 451.34 points. Meanwhile, the French CAC40 index rose by 0.50% to finish at 6,521.52 points. The German DAX …
Read More »European Stocks Hit New All-Time High
European stocks finished higher on Tuesday, beginning June with a positive performance, amid positive expectations for economic recovery. Last month, European stocks registered their fourth consecutive monthly rise. The STOXX Europe 600 gained 0.75% to settle at a new record high closing level at 450.10 points. The German benchmark index …
Read More »European Stocks Retreat from Record Highs and Close Lower
European stocks finished lower on Monday, with markets reacting to the recent inflation data. The STOXX Europe 600 index lost 0.49% to close at 446.76 points. The pan-European index ended last week at a new record high, registering weekly and monthly gains. The French CAC40 index ended today’s session lower …
Read More »European Shares Fall From Record Levels
European shares fell from record levels on Monday, amid weak trading due to holidays in major markets, but optimism about a quick economic recovery is heading the main index towards achieving gains for the fourth consecutive month. The pan-European STOXX 600 index fell 0.1%, and shares in Frankfurt fell 0.2%, …
Read More »European Stocks Hit New Record High
European stocks rose on Friday, closing at a new record high, and registering weekly and monthly gains. The rise in European stocks was supported by an improved investors’ sentiment, following recent positive economic data. The German benchmark DAX and the French CAC40 indices closed higher by 0.74% and 0.75%, respectively. …
Read More »Eurozone Sentiment is at a 3-Year High
Data on Friday, May 28, showed economic sentiment in the eurozone improved more than expected, hitting a three-year high in May, with the biggest increases in the services, retail, and consumer sectors as governments eased pandemic-related restrictions. The European Commission’s index of economic sentiment rose to 114.5 in May from …
Read More »European Stoxx600 Index Rises 0.4% to a New Record High
European markets rose to record levels as global stocks were affected by strong economic data out of the US this week. The pan-European Stoxx600 index rose 0.4% in early trading, surpassing its record high on Thursday, and insurance stocks rose 1.2% to lead the gains as all sectors except the …
Read More »European Stocks Hover Near Their Peak and HSBC is Falling
There was little change in European stocks at the open Thursday, May 27, as losses in energy sector stocks were offset by gains in the mining sector, while Britain’s HSBC bank’s decision to exit US retail banking services was greeted with a tepid reception. The European Stoxx600 index settled at …
Read More »European Stocks Mixed as Reflation Fears East
European stocks rose on Wednesday, as inflation fears eased with an improvement in the risk sentiment among investors. The STOXX Europe 600 index finished marginally higher by a fraction of a point, to remain near its record highs. The travel and leisure stocks rose by about 1% on recovery hopes, …
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