European shares fell as investors sold off technology and healthcare and bought bank shares, after the Federal Reserve (US Central Bank) unveiled a new framework for its policy. The pan-European STOXX 600 index fell 0.6%. Technology stocks, which have risen nearly 11% since the start of the year, fell 1.1% …
Read More »European Stocks Falling Down, Focus on Powell
European stocks fell during early trading on Thursday, as investors awaited US Federal Reserve Chairman Jerome Powell’s speech for new clues about the path of monetary policy. The Stoxx 600 index currently fell by 0.43% to 371.5 points, while “FTSE” fell by 0.42% to 6,019.82 points. The German DAX index …
Read More »European Stocks Higher on hopes for Coronavirus Treatment
European stocks rose from their lowest level in two weeks, as signs of progress in developing a treatment for Covid-19 disease overshadowed concerns about an increase in cases on the continent, threatening to curb an economic recovery. The European STOXX 600 index rose 1.3%, following the gains in Asian markets …
Read More »European Stocks Struggling
European stocks stabilized ahead of data on corporate activities that may shed light on the pace of economic recovery in the continent, while the rise in the pound sterling pushed the British FTSE 100 index to decline. The Stoxx 600 index of European stocks rose 0.1%, as it is still …
Read More »European Stocks Weaken After Wall Street Rally
European stocks fell on Wednesday, August 18, and were unable to gain strength from a record rise in S&P 500 index, as investors feared an increase in coronavirus cases would impede the emerging economic recovery in Eurozone. The European Stoxx600 index fell 0.1% by 07:15 GMT, with the mining, oil …
Read More »European Shares Drop Amid US-Chinese Tensions and Covid-19 Cases
European stocks fell on Tuesday, August 18, as investors feared the escalation of US-Chinese tensions and the return of Coronavirus cases, which affected shares of companies sensitive to the economic cycle. The European Stoxx600 index fell 0.5% at 07:13 GMT, as banking, energy, insurance and auto stocks fell between 0.8 …
Read More »European Shares Fell Due to The Decline in Tourism Shares
European stocks fell as tourism stocks took a hit after Britain added more European countries to its list of quarantine areas for arrivals, while disappointing retail sales data from China raised doubts about the pace of the economy’s recovery. The pan-European STOXX 600 index fell 0.8%, but is on track …
Read More »Chinese Data Lifted European Stocks in Early Trading
European stocks rose slightly on Monday after a decline in producer prices in China and the rise in oil prices, while investors looking to Washington for signs of new US stimulus. By 0712 GMT, the pan-European STOXX 600 index was up 0.3%, at the start of a week that could …
Read More »European Shares Higher on Strong Earnings Reports
European stocks rose on Wednesday, influenced by positive earnings reports and massive amounts of stimulus across the financial system, all of which overshadowed concerns over the increasing numbers of Corona cases in Europe and the United States. The pan-European STOXX 600 index (STOXX) rose 0.7%, with the oil & gas …
Read More »US Stocks Set to Open Lower
US equity markets should open lower on Tuesday after strong gains on Monday led by Nasdaq, which hit another record close. Dow Jones futures fell 44 points, or 0.2%, while the S&P 500 Index fell 0.3% and the Nasdaq 0.3%. Apple shares hit an all-time high on Monday, just a …
Read More »