European stocks hovered near all-time highs on Monday, as investors counted on the ongoing economic recovery and positive corporate business results to keep market momentum going. The pan-European STOXX 600 index rose 0.02% to 444.50 points, not far from its highest level ever at 446.19 points. Cineworld Group shares rose …
Read More »European Stocks Recover and Finish the Week in Gains
European stocks closed higher on Friday, supported by positive economic data that took the attention away from inflation fears. Economic indicators showed an improvement in France’s business activity and the German services sector, with readings exceeding expectations in May. The STOXX Europe 600 index finished higher by 0.61%, with the …
Read More »European Stocks Rebound and Close Higher
European stocks finished Thursday on a higher note, supported by an improved risk appetite and investors seeking to purchase shares at relatively low prices, following the recent drop due to inflation fears. After recent selling pressures, the European stocks markets regained some ground in today’s session, with the pan-European STOXX …
Read More »European Stocks Decline as Inflation Concerns Mount
European stocks fell on Wednesday, May 19, tracking the fall in Wall Street as investors grew concerned about mounting inflationary pressures, which increases the chances of an early tightening of monetary policy. The European Stoxx600 index fell 1.1%, to trade below its all-time high of less than 2%. Eurozone stocks …
Read More »European Stocks Close with Huge Losses
European stock markets declined on Wednesday, amid continuous concerns about the rising inflation rates and uncertainty surrounding the future of monetary policies and interest rates. The pan-European STOXX 600 index plunged by 1.5%, as the basic resources stocks led the decline and dropped by 4.1%. The French CAC40 index declined …
Read More »European Stocks Finish Higher Despite Recession
European stocks finished higher on Tuesday, as markets attempt to recover from the recent losses that resulted from concerns about the surge in inflation in the United States. The STOXX Europe 600 index closed higher by 0.28% at 443.55 points, with the travel and leisure sector recovering some of its …
Read More »European Stocks Recorded New Highs
European stocks made new highs after the pandemic, and cyclical heavy national indices benefited from the gradual shift in global investor preferences for value overgrowth. The German DAX also hit an all-time high as the country’s Constitutional Court effectively drew a line under the euro critics’ attempts to halt the …
Read More »European Stocks Close Marginally Lower
European stocks finished lower on Monday, opening the third week of May with a negative performance, as stock markets remain impacted by concerns over the surge in consumer inflation in the United States, which led to expectations of the Federal Reserve raising interest rates. The pan-European STOXX 600 index finished …
Read More »European Stocks Rebound to Limit Weekly Losses
European stocks surged on Friday, strongly rebounding from recent losses that resulted from a sell-off wave, as fears about the rise in the U.S. inflation rate eased. The STOXX Europe 600 index gained 1.2% to finish at 442.55 points, but remained down for the week by about 0.5%. The auto …
Read More »European Stocks Bear Highest Loss of the Year
European stocks fell on Tuesday, after rising yesterday to a new record high, due to increased selling pressures amid fears of a rise in inflation and concerns about the rising number of coronavirus cases. The STOXX Europe 600 index plunged by 1.97%, as travel and leisure stocks fell by 5.7%. …
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