{"id":36012,"date":"2020-10-23T17:39:00","date_gmt":"2020-10-23T13:39:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=36012"},"modified":"2020-10-23T17:39:17","modified_gmt":"2020-10-23T13:39:17","slug":"earnings-reports-push-european-shares-higher","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/earnings-reports-push-european-shares-higher\/10\/23\/market-updates\/","title":{"rendered":"Earnings Reports Push European Shares Higher"},"content":{"rendered":"\n<p>European stocks rose on Friday, supported by positive earnings reports from Barclays and carmakers, while continued concern about the economic impact of a spike in COVID-19 cases puts markets on a path of weekly losses.<\/p>\n\n\n\n<p>The pan-European STOXX 600 index rose 0.2%, while Asian markets recorded narrow trading ranges as investors are cautiously trading less than two weeks before the US presidential election.<\/p>\n\n\n\n<p>Britain&#8217;s FTSE 100 index was supported by a 2.8% jump in Barclays stock after the bank reported better-than-expected quarterly earnings.<\/p>\n\n\n\n<p>Automaker Daimler rose 1.9% after raising its 2020 earnings forecast, while Renault&#8217;s shares rose 1.5% after the company said it would achieve positive cash flow from cars by the end of 2020 as sales recover.<\/p>\n\n\n\n<p>But the gains were limited as France appeared to be preparing to extend the curfew to more than two-thirds of its population after the country recorded its highest daily rate of coronavirus cases on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose on Friday, supported by positive earnings reports from Barclays and carmakers, while continued concern about the economic impact of a spike in COVID-19 cases puts markets on a path of weekly losses. The pan-European STOXX 600 index rose 0.2%, while Asian markets recorded narrow trading ranges as investors are cautiously trading less &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6864],"class_list":["post-36012","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=36012"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36012\/revisions"}],"predecessor-version":[{"id":36013,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36012\/revisions\/36013"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32357"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=36012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=36012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=36012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}