European stocks fell on Wednesday, weighing the defensive losses in front of optimism about encouraging quarterly results for consumer giants Nestlé and Ericsson for telecommunications equipment. The pan-European STOXX 600 index fell 0.3%, and the healthcare and real estate sectors fell more than 0.5% each. But stocks that are heavily …
Read More »European Stocks Close Lower on COVID-19 Fears
European stocks finished Tuesday lower, amid growing concerns about the second wave of the Coronavirus (COVID-19) pandemic and its impact of European markets. The pan-European STOXX 600 index closed down by 0.23% at 365.95 points. Meanwhile, the UK’s FTSE100 rose marginally by less than 0.1%. The French CAC40 and the …
Read More »European Stocks Erase Earlier Gains to Close in Red
European stocks gave up earlier gains and closed Monday lower, amid uncertainty surrounding Brexit talks between the United Kingdom (UK) and the European Union (EU). The STOXX Europe 600 index closed lower by 0.3%, after rising earlier today by 0.8%. Meanwhile, the UK’s FTSE100 fell by 0.59%. Similarly, the French …
Read More »European Stocks Are Rising Supported by Strong Results
European stocks rose in early trade on Monday, supported by strong results from Dutch Phillips and Swiss wealth manager Julius Baer, overshadowing concerns about new restrictions imposed to combat the Coronavirus across the continent. The pan-European STOXX 600 index was up 0.8%, resuming its rise after suffering limited weekly losses. …
Read More »European Stocks Record Highest Gains in Three Weeks
European stocks finished Friday higher, recovering some of its recent losses due to concerns about the second wave of the COVID-19 pandemic. The Stoxx Europe 600 index closed higher by 1.26%, registering its highest daily gains in three weeks, at 367.48 points. The UK’s FTSE100 also rose by 1.49%, while …
Read More »European Shares Heading For a Weekly Loss as Covid-19 Cases Soar
European stocks rose from a two-week low, but still heading towards a weekly loss after a sell-off marked by fear of a second wave of Covid-19 cases, uncertainty related to Brexit and doubts about more fiscal stimulus in the United States. The pan-European STOXX 600 index rose 0.7% after recording …
Read More »European Stocks Losses Exceed 2%
European stocks saw huge losses on Thursday, amid increasing concerns about the second wave of COVID-19 across the old continent. The Stoxx Europe 600 index closed lower by 2.10% at 362.83 points, its worst daily performance in more than three weeks. The German DAX index finished lower by about 2.5%, …
Read More »European Stocks Fall on Covid-19 And Doubts About US Stimulus
European stocks fell for the third consecutive session Thursday, as demand for global stocks was negatively affected by concerns about the economic damage resulting from more general isolation measures aimed at slowing the spread of the Corona virus and dashed hopes of fiscal stimulation in the United States before the …
Read More »European Stocks Close Lower
European stocks closed lower on Tuesday, following the beginning of the earning reports season in Wall Street, and amid uncertainty surrounding the second wave of the Coronavirus (COVID-19) pandemic. The STOXX Europe 600 index closed lower by 0.7%, while the UK’s FTSE100 maintained losses and declined by 0.53%. Meanwhile, the …
Read More »European Stocks Finish Higher
European stocks rose on Monday, opening the week with a positive performance that copied that of Asian markets earlier today. Hopes for a stimulus package in the United States supported risk appetite. The pan-European STOXX 600 index rose by 0.77% to close at 373.19 points. The French CAC40 index rose …
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