{"id":40918,"date":"2021-02-03T13:05:37","date_gmt":"2021-02-03T09:05:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=40918"},"modified":"2021-02-03T13:05:38","modified_gmt":"2021-02-03T09:05:38","slug":"european-shares-rose-on-earnings-and-hopes-for-a-recovery","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-rose-on-earnings-and-hopes-for-a-recovery\/02\/03\/market-updates\/","title":{"rendered":"European Shares Rose on Earnings and Hopes For a Recovery"},"content":{"rendered":"\n<p>European stocks rose for the third session in a row on Wednesday, while focus remained on a day filled with earnings announcements, as positive sentiment extends from Asian markets thanks to hopes for a faster global economic recovery.<\/p>\n\n\n\n<p>Siemens&#8217; shares rose 1.8% after the German engineering firm raised its forecast for 2021 after better-than-expected results for the first quarter thanks to a faster-than-expected recovery from a decline caused by Covid-19 in China and Germany.<\/p>\n\n\n\n<p>The German DAX index rose 0.8%, while the European STOXX 600 index rose 0.9%.<\/p>\n\n\n\n<p>Novo Nordisk added 3.2% after the diabetes drug maker announced an optimistic forecast for 2021 sales and profits.<\/p>\n\n\n\n<p>All major European sector indices rose in early trade.<\/p>\n\n\n\n<p>Swedish truck maker AB Volvo, rose 0.7% after it reported core earnings above expectations for the fourth quarter of last year, raised its forecast for some of its major markets and offered generous dividends to shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose for the third session in a row on Wednesday, while focus remained on a day filled with earnings announcements, as positive sentiment extends from Asian markets thanks to hopes for a faster global economic recovery. Siemens&#8217; shares rose 1.8% after the German engineering firm raised its forecast for 2021 after better-than-expected results &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31395,"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-40918","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\/40918","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=40918"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40918\/revisions"}],"predecessor-version":[{"id":40919,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40918\/revisions\/40919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31395"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=40918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=40918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=40918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}