{"id":66072,"date":"2022-05-26T15:49:07","date_gmt":"2022-05-26T11:49:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66072"},"modified":"2022-05-26T15:49:09","modified_gmt":"2022-05-26T11:49:09","slug":"oil-pushes-european-shares-higher-growth-fears-persist","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-pushes-european-shares-higher-growth-fears-persist\/05\/26\/market-updates\/","title":{"rendered":"Oil pushes European shares higher, growth fears persist"},"content":{"rendered":"\n<p>European shares rose slightly on Thursday, supported by a rise in energy shares and the US central bank&#8217;s commitment to its path to raise interest rates, while sentiment was negatively affected as concerns related to slowing economic growth persisted.<\/p>\n\n\n\n<p>By 0840 GMT, the pan-European Stoxx 600 index rose 0.2 percent, extending its gains for a second day.<\/p>\n\n\n\n<p>Shares made gains in various sectors, and the energy sector came first, rising 0.6 percent as crude oil prices rose due to tight supplies.<\/p>\n\n\n\n<p>The European Central Bank is expected to start a cycle of raising interest rates in July, which has raised concerns among investors about possible pressures on the global economy.<\/p>\n\n\n\n<p>The mining sector index fell 0.4 percent and the utilities sector declined 0.8 percent, limiting the gains.<\/p>\n\n\n\n<p>United Utilities Water Inc plunged 7.6 percent after the company announced it would not increase average home bills for the full year.<\/p>\n\n\n\n<p>Shares of other British utilities companies also fell.<\/p>\n\n\n\n<p>Shares of British telecommunications group BT fell 4.6 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares rose slightly on Thursday, supported by a rise in energy shares and the US central bank&#8217;s commitment to its path to raise interest rates, while sentiment was negatively affected as concerns related to slowing economic growth persisted. By 0840 GMT, the pan-European Stoxx 600 index rose 0.2 percent, extending its gains for a &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52181,"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":[36],"tags":[7211,6877,6928,6882],"class_list":["post-66072","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66072","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=66072"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66072\/revisions"}],"predecessor-version":[{"id":66073,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66072\/revisions\/66073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=66072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}