European stocks closed Tuesday higher, supported by an improved risk appetite and positive news about Coronavirus vaccine candidates. The STOXX Europe 600 index rose by 0.83%, to finish at 392.05 points. The UK’s FTSE100 increased by 1.55%, while the German index DAX gained 1.26%. Meanwhile, the French index CAC40 settled …
Read More »European Stocks End Mostly Unchanged
European stocks showed a mixed performance on Monday, opening the week amid hopes for new COVID-19 vaccines and the rising number of cases and renewed lockdown measures in many parts of the continent. The STOXX Europe 600 closed marginally lower by 0.010%. Meanwhile, the UK’s FTSE100 declined by 0.28%, while …
Read More »European Stocks Record Third Weekly Gains in Row
European stocks closed higher on Friday, supported by an improved sentiment on positive news about Coronavirus vaccines. The pan-European STOXX 600 index closed higher by 0.45% at 389.35, recording gains for the third consecutive week. Meanwhile, the UK’s FTSE100 added 0.27%, while the French index CAC40 and the German DAX …
Read More »European Stocks Supported by Gains in Retail And Oil Sectors
European stocks rose on Friday, as gains in the retail and oil sectors erased concerns about the political situation in the United States and an impasse over new stimulus measures to support the global economy, which has been ravaged by the pandemic. The pan-European STOXX 600 index rose 0.2% and …
Read More »European Stocks Finish Thursday Lower
European stocks closed Thursday lower, amid fears about the impact of the renewed lockdown and preventive measures to curb the spread of a new wave of the Coronavirus pandemic. The pan-European Stoxx 600 index closed lower by 0.73%. The UK’s FTSE100 declined by 0.8%, while the German DAX finished lower …
Read More »European Stocks Return to Losses
European stocks closed lower on Tuesday, returning to losses despite positive news about a Coronavirus vaccine being developed by Moderna. The STOXX Europe 600 index finished lower by 0.2%, while the UK’s FTSE100 plunged by 0.87%. Meanwhile, the French index CAC40 added 0.21%, and the German index closed marginally lower …
Read More »European Stocks Close Higher on Vaccine News
European stocks closed Monday higher, opening the week with a positive performance on the back of positive news about the Moderna COVID-19 vaccine. The STOXX Europe 600 index rose by 1.18% and finished at 389.74 points. The UK’s FTSE100 closed higher by 1.66%, while the French CAC40 index gained 1.7%. …
Read More »European Stocks Rise on Chinese Data
European stocks rose on Monday (November 16th), hovering near nine-month highs after strong Chinese data and hopes for a COVID-19 vaccine renewed bets on a faster economic recovery. Chinese factory production increased faster than expected in October and retail sales rose as the recovery momentum in the world’s second largest …
Read More »European Stocks Settle on Weekly Gains
European stocks ended Friday nearly unchanged, but was able to record a weekly rise, supported by positive news earlier in the week about the success of a Coronavirus vaccine. The pan-European STOXX 600 index added 0.20 points but gained about 3.5% for the week.
Read More »European Stocks Take a Hit After a Weekly Rally
The benchmark index of European stocks fell today, Friday, heading towards the weekly decline, as the increase in cases of coronavirus cases exacerbated fears of damage to the continent’s economy in the coming winter months. The pan-European STOXX 600 index fell 0.3%, after jumping earlier in the week thanks to …
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