Archive for Tag: european stocks market

European Stock Markets News

Global shares fall on pandemic fears ahead of U.S. jobs report

Global shares retreated from recent highs on Wednesday, as Asian markets grew jittery about a resurgence of COVID-19 cases and Western markets awaited Friday’s U.S. jobs report and what it might mean for monetary policy. Asset markets have been buoyed over the past year by trillions of dollars in...

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European shares

Sharp rise in European sentiment helps stocks higher

European shares ended higher on Tuesday after data showed economic sentiment improved sharply in June, while Adidas lifted the German index with a share buyback plan. The pan-European STOXX 600 closed 0.3% higher at 456.37 points, after data showed eurozone economic sentiment hit a 21-year high in June as...

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European shares snap 9-day winning streak on Fed jitters

European shares ended a touch lower on Thursday as hawkish signals from the U.S. Federal Reserve raised concerns over early policy tightening, with mining stocks falling the most as commodity prices tumbled. The pan-European STOXX 600 index was down 0.1% at 459.33, snapping a nine-day gaining streak, after the...

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European Stock Markets News

EU assessment of banks banned from bonds sales to be done very soon

The European Commission will make an assessment of banks it banned from EU Recovery Fund bond issuance very soon, which could see lenders re-admitted to the process, sources familiar with the situation told Reuters on Wednesday. The European Union has excluded some of the biggest investment banks with past...

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European shares

European shares end slightly higher as Fed comes into focus

European shares rose for an eighth straight session on Tuesday, driven by optimism over an economic recovery this year, but gains were limited as investors hunkered down ahead of the Federal Reserve’s two-day policy meeting. The pan-European STOXX 600 ended 0.1% higher at a record closing high of 458.81...

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European shares

Oil stocks power European shares to record-high finish

European shares ended at a record high on Monday as energy stocks surged on strength in the oil market, while expectations of accommodative monetary policy grew even as a global economic recovery picked up speed. The pan-European STOXX 600 rose 0.2% to a record-high close of 458.32 points. The...

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European Stock Markets

European stocks eke out fresh record as ECB raises recovery outlook

European stocks inched to fresh peaks on Thursday as the European Central Bank raised its recovery outlook and promised to keep ample stimulus flowing, while travel stocks fell after a recent run of gains. The pan-European STOXX 600index was up just 0.1%, but at a fresh record high of...

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