{"id":67026,"date":"2022-06-14T12:26:00","date_gmt":"2022-06-14T08:26:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=67026"},"modified":"2022-06-14T12:26:03","modified_gmt":"2022-06-14T08:26:03","slug":"european-shares-stabilize-after-selling-due-to-inflation-fears","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-stabilize-after-selling-due-to-inflation-fears\/06\/14\/market-updates\/","title":{"rendered":"European shares stabilize after selling due to inflation fears"},"content":{"rendered":"\n<p>European shares rose about one percent on Tuesday, as investors bought shares that fell sharply after the intense selling in the previous session caused by fears of a large US interest rate hike and a possible economic recession.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index was up 0.9 percent by 0705 GMT, after falling 2.4 percent to a three-month low on Monday.<\/p>\n\n\n\n<p>The banking, travel, entertainment and technology sectors rose between 1.1 percent and 1.8 percent.<\/p>\n\n\n\n<p>The main US stock index fell on Monday as fears grew that an expected interest rate hike would push the economy into a recession.<\/p>\n\n\n\n<p>Shares of German software company SAP rose 1.5 percent after the US company Oracle announced strong quarterly earnings.<\/p>\n\n\n\n<p>French IT firm Atos fell 5.8% after it announced that its chief executive, who took office in January, would resign after weeks of rows with the board over the company&#8217;s strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares rose about one percent on Tuesday, as investors bought shares that fell sharply after the intense selling in the previous session caused by fears of a large US interest rate hike and a possible economic recession. The pan-European Stoxx 600 index was up 0.9 percent by 0705 GMT, after falling 2.4 percent to &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-67026","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\/67026","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=67026"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67026\/revisions"}],"predecessor-version":[{"id":67027,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67026\/revisions\/67027"}],"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=67026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=67026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=67026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}