European stocks closed Thursday on a higher note, bouncing back from losses registered earlier in today’s session, on the back of positive financial disclosures and an improved risk appetite. The pan-European STOXX 600 index rose by 0.1%, after falling by as much as 2% earlier. The French benchmark index CAC40 …
Read More »European Stocks Hitting a Low of Almost a Month
European stocks reached their lowest level in nearly a month after the worst-selling wave in Wall Street since October due to concerns about rising valuations, while investors grew concerned about an increase in infections with a new, more contagious strain of the Coronavirus. The European STOXX 600 index fell 1%, …
Read More »European Stocks Decline Ahead of Fed Decision
European stocks declined on Wednesday, amid reduced risk appetite among investors in anticipation of the United States Federal Reserve policy decision. The pan-European STOXX 600 index fell by 1.20%, with the telecom sector leading the decline and falling by 2.9%. The French CAC40 plummeted by 1.29%, while the German DAX …
Read More »European Stocks Fall Despite Earnings Results
European stocks fell on Wednesday under the weight of fears of a slow economic recovery while most investors were reluctant to take positions ahead of the US Federal Reserve’s decision on monetary policy. The European Stoxx600 index fell 0.4% in early trade after losses in Asian markets and Wall Street. …
Read More »European Stocks Rise After Two Declines
European stocks closed higher on Tuesday, following two consecutive declines, supported by a positive performance by major market sectors led by chemicals and financial sectors, as well as good financial results by a number of major listed companies. The rise of European stock markets also comes amid an overall improvement …
Read More »European Shares Rise as UBS Rise
European stocks rose on Tuesday, January 26th, after a two-session decline, as Swiss Wealth Management UBS announced a rise in quarterly net profit, but the gains were curbed by concerns about extending the lockdown and US stimulus measures. The European Stoxx600 index rose 0.2%, after closing at its lowest level …
Read More »European Stocks Finish Sharply Lower
European stocks closed lower on Monday, opening the week with a negative performance as it erased all of its gains earlier in today’s session, with travel and leisure stocks leading the decline amid renewed concerns about the Coronavirus pandemic. The pan-European STOXX 600 index finished lower by 0.9%, after rising …
Read More »Technology Stocks And Corporate Earnings Lift European Stocks
European stocks rose as gains in technology stocks and positive earnings reports helped investors bypass the possibility of extending lockdown measures at a time when many countries are fighting the emergence of new strains of the emerging coronavirus. The pan-European STOXX 600 index rose 0.4%. The benchmark index ended last …
Read More »European Stocks Erase Weekly Gains at Friday’s Close
European stocks closed lower on Friday, on the back of economic data that showed business activity slowing down in the Eurozone amid renewed lockdown and preventive measures against the spread of the Coronavirus pandemic. The pan-European STOXX 600 index lost 0.66% to give up almost all of its weekly gains …
Read More »European Stock Drop as Travel Restrictions Tighten in The Eurozone
European stocks fell on Friday, January 22nd, hit by tightening travel restrictions in the euro area and weak UK retail sales data, as investors awaited the latest batch of business activity data to gauge the pace of the coronavirus recovery. The European Stoxx600 index fell 0.4%, but is heading for …
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