Latest Updates Around The World
Europe’s benchmark stock index was subdued on Tuesday as BP shares fell after the energy giant suspended share buybacks, while gains in luxury stocks after a better-than-expected earnings update from Kering limited declines.The pan-European STOXX 600 index was flat at 621.28 points at 0815 GMT, just a hair away from an all-time intra-day high. BP […]
Europe’s main stock index ended higher on Friday, marking its longest monthly gain streak since 2021, as investors digested corporate earnings and news that US President Donald Trump had nominated an ex-Federal Reserve policymaker for the central bank’s top job. The index ended 0.6% higher at 611 points and would end January with a gain […]
European shares recovered their balance on Wednesday after a modest dip a day earlier, after a strong rise in the prices of energy companies RWE and SSE pushed the utility index higher.The companies were among property developers to win guaranteed electricity price contracts in Britain’s latest offshore wind auction, which secured a record amount of […]
European shares closed at a record high on Friday, driven by a surge in Glencore that helped the STOXX 600 hit its longest weekly winning streak since May. After two consecutive losing sessions, the recovery underlined investors’ resilience, even as a string of weak gains and renewed geopolitical tensions fueled by US actions in Venezuela […]
European shares hit record highs on Monday, led by commodity stocks, as trading resumed after Christmas and Boxing Day.The pan-European STOXX 600 rose 0.02% to 588.71 at 0820 GMT, down from the record high of 589.61 it hit earlier in the session. Across the region, Germany’s DAX fell 0.2%, while Britain’s FTSE 100 and France’s […]
European shares closed higher on Friday, capping a strong weekly gain and ending the month on a robust note, supported by optimism over possible US rate cuts. The pan-European STOXX 600 closed 0.23% higher at 576.34, posting its longest monthly winning streak since March 2024. Stocks in Germany and France added 0.25% and 0.3% respectively. […]
European shares rallied on Monday, with the financial sector leading the way, as investors took comfort in growing commitment to US interest rate cuts while monitoring progress on a peace plan for Ukraine.The pan-European STOXX 600 gained 0.6% to 565.27 points by 0815 GMT. The index recorded its steepest weekly decline since late July on […]
European shares hit a two-week low on Wednesday as higher stock valuations continued to make global investors nervous, while Novo Nordisk slumped after the drugmaker made a gloomy forecast. The pan-European STOXX 600 index fell 0.4% to 568.10 as of 0811 GMT, trading at levels last seen on October 17 for a second straight session. […]
European shares clawed their way back from three-week lows on Friday, eliminated by profits in financial data and industry, which made the benchmark index more or less where it started the week. The Pan-European Stoxx 600 rose by 0.8% and ended the week only 0.07% higher. Spanish shares performed better than other regional markets, and […]
European shares rose in early trade on Monday, eliminated by bank shares when investors were preparing for a crucial week of central banking meetings, including the American Federal Reserve, while Rubis brought out after a report on the potential sale of the French company. The Pan-European Stoxx 600 rose by 0.2% to 556.2 points, from […]
