Tag Archives: STOXX 600

Thursday’s closing European market gains came following the European Central Bank’s revised inflation estimate, which restarted the 2024 surge. The pan-European Stoxx 600 broke above the crucial 500 threshold for the first time during the session, and it ended the day 1.05% higher at 503.45 points.The European Central Bank reduced …

European markets closed higher on Wednesday as November has proved to be a month with robust performance while regional investors reacted to the latest inflation data from the Eurozone for the month.Stoxx 600 closed up 0.6%, adding monthly gains of around 6.1%. Household goods added 2.3% to represent the leading …

The European markets cautiously surged on Tuesday as investors continued to assess recession risks in the continent. The pan-European Stoxx 600 added 0.5% by mid-afternoon, with retail stocks climbing 2.8% to lead gains as most sectors nudged into positive territory.Oil and gas stocks were the most obvious as they were …

Global equity markets reap gains on Friday at the end of a tumultuous week dominated by concerns over the Federal Reserve’s monetary policy and geopolitical tensions between Russia and the West.Strong earnings from Apple and other tech firms buoyed the US equities during Friday’s session but the major indexes remained …

European shares rose on Wednesday, led by gains in food delivery stocks, despite continuing concerns about the prospects for a global recovery in light of the increase in COVID-19 cases due to the spread of the mutant Omicron. The pan-European Stoxx 600 index rose 0.1 percent after it had jumped …

European stocks tracked a global market rebound Tuesday, boosted by hopes that vaccines will work to stem the tide of surging omicron cases. However, a brewing energy crisis appeared to loom with a key Russian pipeline reversing course and raising questions about whether politics were behind the reversal.The Stoxx Europe …

European stocks jumped 2.5% on Tuesday, boosted by a solid rebound in technology shares as worries somewhat eased over the Omicron coronavirus variant, while German shares surged close to 3% led by automakers.Likewise, the continent-wide STOXX 600 Index witnessed its best session since last November, bouncing back to levels before …

European shares fell on Thursday, following in the footsteps of US stocks Wednesday night, due to uncertainty regarding the coronavirus pandemic and the prospect of an early interest rate hike. The pan-European STOXX 600 index was down 1.1 percent, after experiencing its best session in nearly six months on Wednesday. …

European shares rose on Wednesday as bargain hunters returned from the November turmoil, but investors remain concerned about whether the emergence of the new mutated Omicron from the coronavirus will affect economic activity in the winter months. The pan-European Stoxx 600 index rose 0.8 percent by 0816 GMT, following in …

European shares surged on Monday after their worst selloff in more than a year as investors digested whether the Omicron variant would deter economic recoveries and monetary tightening plans by central banks.The pan-European STOXX 600 closed up 0.7%, logging its best day in a month and recovering some of Friday’s …