{"id":44782,"date":"2021-04-22T12:22:16","date_gmt":"2021-04-22T08:22:16","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=44782"},"modified":"2021-04-22T12:22:18","modified_gmt":"2021-04-22T08:22:18","slug":"european-stocks-continue-their-gains-on-positive-earnings-from-nestle-and-volvo","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-continue-their-gains-on-positive-earnings-from-nestle-and-volvo\/04\/22\/market-updates\/","title":{"rendered":"European Stocks Continue Their Gains on Positive Earnings From Nestl\u00e9 and Volvo"},"content":{"rendered":"\n<p>European stocks are moving towards record highs Thursday, April 22nd after plunging earlier in the week, as sentiment improved thanks to a raft of strong earnings reports ahead of the European Central Bank&#8217;s policy decision.<\/p>\n\n\n\n<p>The European Stoxx600 index rose 0.4%, extending its gains for the second consecutive session after fears about a new wave of Covid-19 pushed European markets into the worst day in 2021 on Tuesday.<\/p>\n\n\n\n<p>Nestl\u00e9 added 2.2% after the company reported the strongest quarterly sales growth in ten years, supported by demand for coffee, dairy and pet grooming products.<\/p>\n\n\n\n<p>Swedish truck maker Volvo jumped 4.6% as the company&#8217;s first-quarter earnings beat market expectations on the back of soaring demand.<\/p>\n\n\n\n<p>Credit Suisse plunged 5.7% after the bank incurred a pre-tax loss of 757 million Swiss francs in Q1 as the blow from the Archegos crisis wiped out gains from ample trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks are moving towards record highs Thursday, April 22nd after plunging earlier in the week, as sentiment improved thanks to a raft of strong earnings reports ahead of the European Central Bank&#8217;s policy decision. The European Stoxx600 index rose 0.4%, extending its gains for the second consecutive session after fears about a new wave &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30787,"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-44782","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\/44782","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=44782"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44782\/revisions"}],"predecessor-version":[{"id":44783,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44782\/revisions\/44783"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30787"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=44782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=44782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=44782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}