European stocks resumed their gains Thursday, approaching more than a three-week high, thanks to expectations of a targeted US stimulus package as well as positive corporate reports. The pan-European STOXX 600 index rose 0.7% by 0707 GMT, with travel, entertainment, industry and chemicals leading the gains. Wall Street indices rose …
Read More »European Stocks Close Lower Amid Uncertainty
European stocks declined on Wednesday, on the back of uncertainty as Trump instructed the cancellation of new stimulus package in the United States, while in Europe the outlook for COVID-19 remains concerning with fears of the second wave. The pan-European STOXX 600 index closed lower by 0.12% at 365.45 points. …
Read More »European Shares Rise After Strong Results Overshadowed Doubts About US Stimulus
European stocks rose on Wednesday after reports of optimistic results from British Tesco and the German Dialog Semiconductor helped reduce the impact of uncertainties surrounding a new US stimulus program. The pan-European STOXX 600 index rose 0.2%. Asian stocks and US equity futures also recovered from sharp losses on Wall …
Read More »European Stocks Finish Higher
European stocks closed Tuesday higher, amid improved risk sentiment after news about the discharge of Donald Trump from hospital. The Stoxx Europe 600 index finished higher by around 0.1%, supported by the gains of bank stocks. The UK’s FTSE100 gained 0.12%, while the French CAC40 added 0.48%. Meanwhile, the German …
Read More »European Stocks Lower as Trump Tested Positive For Coronavirus
European stocks retreated after US President Donald Trump tested positive for Covid-19, which negatively affected stock markets around the world. The pan-European STOXX 600 index fell 1%. The German DAX index and the French CAC 40 index fell 1.3%, while the British FTSE 100 index fell 1%. Today, Friday, Trump …
Read More »European Stocks Register Modest Gains
European stocks closed Thursday on modest gains, after data showed a rise in industrial producers’ prices as well as unemployment rate in the continent. The continental index, STOXX Europe 600, finished higher by 0.15%, or 0.54%, at 361.63 points. The UK’s FTSE100 increased by 0.23%, while the French CAC40 added …
Read More »European Stocks Stabilize at Wednesday’s Close
European stocks closed marginally higher on Wednesday, supported by the rise of Wall Street following the first Presidential Debate on Tuesday night. The pan-European STOXX 600 index added 0.16 points or 0.044% to close nearly unchanged at 361.65 points. The UK’s FTSE100 closed lower by 0.53%, while the French CAC40 …
Read More »European Stocks Close Lower
European stocks closed lower on Tuesday amid increasing concerns for the rising number of COVID-19 cases in many countries across the continent. The STOXX Europe 600 index closed lower by 0.46%, while the UK’s FTSE100 index fell by 0.51%. Meanwhile, the German DAX index declined by 0.35% and the French …
Read More »European Shares Drop Ahead of Trump-Biden Debate
European stocks fell at the open Tuesday, September 29th, as the recovery from the previous session faded as investors remain cautious before the first US presidential debate. The European Stoxx600 index fell 0.5% in early trade after posting its biggest daily gain in three months on Monday. Growth-sensitive stocks, including …
Read More »European Stocks Open the Week with Big Gains
European stocks closed higher on Monday, opening the week with strong gains. The STOXX Europe 600 index gained 2.2% and closed at the level of 363.39 points, supported by a strong rebound from bank stocks. In the UK, the FTSE100 index finished the first session of the week higher by …
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