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Showing posts with the label European Markets Closing Report.

Europe Market Closing Report on Thursday, November 18, 2021: European stocks close lower as inflation data hit sentiment

Source:   cnbc.com Holly Ellyatt, Elliot Smith 3 minutes LONDON — European stocks closed lower on Thursday amid market concerns around the region's inflation outlook. The pan-European Stoxx 600 closed down by 0.5% provisionally, with oil and gas dropping 1.8% as most sectors and major bourses sank deep into the red. Automakers were the outliers, climbing 0.3%. The slump for European markets comes amid investor concerns over the inflation outlook in the region; data released on Wednesday showed euro zone inflation at 4.1% year-on-year in October, more than double the  European Central Bank 's target. In its  biannual stability report published Wednesday , the ECB warned of stretched valuations in property and financial markets, as the region continues to recover from the Covid pandemic on the back of ultra-low interest rates and massive stimulus measures. Meanwhile, U.K. consumer price index (CPI) came in at 4.2%

European Markets Closing Report | European markets close lower; HSBC shares slide 4%

Chloe Taylor, Sam Meredith 7-9 minutes European stocks were lower on Tuesday as market participants anxiously waited for details from the latest round of U.S.-China trade talks.

European Markets Closing Report: Europe rallies to hit nine-week high on earnings; FTSE rises 2 percent

Sam Meredith 7-9 minutes European stocks surged to a nine-week high on Tuesday, as market participants monitored a flurry of corporate earnings results.

European Markets Closing Report: European stocks close lower amid earnings; Wirecard shares jump 13%

Sam Meredith 7-9 minutes European stocks closed slightly lower Monday, as market participants monitored another flurry of corporate earnings results.

European Markets Closing Report: Europe markets rally ahead of key Brexit vote; shares of Royal Mail tumble 10%

Sam Meredith 3-4 minutes European stocks were higher Tuesday morning, as investors monitored global trade developments, fresh earnings reports and another potentially decisive Brexit vote. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 6834.14 87.04 1.29 418640612 DAX DAX DAX 11225.79 15.48 0.14 51998352 CAC CAC CAC 4930.14 41.56 0.85 42441220 The pan-European Stoxx 600 index was up around 0.7 percent during mid-morning deals, with most sectors and major bourses in positive territory. Europe’s utilities and personal and household goods were among the top performers, with each sector up more than 1 percent as investors flocked to stocks considered safe at times of economic uncertainty. Looking at individual stocks, Germany’s SAP dipped into negative territory after the technology company released its latest earnings results. Europe’s most valuable tech firm said it wou

European stocks close lower after China posts slowest growth in nearly three decades

Ryan Browne 3-4 minutes European stocks closed   lower on Monday, after fresh data from China showed its economy grew at its slowest pace since 1990. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 6963.58 -4.75 -0.07 327820233 DAX DAX DAX 11132.46 -73.08 -0.65 47975190 CAC CAC CAC 4863.68 -12.25 -0.25 32559098 The pan-European Stoxx 600 index provisionally sank 0.26 percent, with most sectors and major bourses in the red. Market players monitored news of slowing growth in the world’s second-largest economy. Official data published Monday said China’s gross domestic product (GDP) in 2018 grew 6.6 percent from the previous year, in line with analyst expectations but at its most sluggish rate in almost three decades. It’s the latest sign of weakness in the Chinese economy, and comes at a critical time in Beijing’s trade battle with the United States . The two countries

European Markets Closing Report on January 2, 2017: Italian Stocks Rally, Driving Europe Markets to a Stronger Start for 2017

marketwatch.com Barbara Kollmeyer European stocks traded higher on Monday, driven largely by gains for banks across the board and fresh economic data that showed signs of economic strength in Italy.

European Markets Closing Report on November 17, 2016: European Stocks Close Higher; Yellen Hints at Rate Hike

cnbc.com   Arjun Kharpal, Sam Meredith   European stocks closed higher on Thursday as traders paused for breath after U.S. bond yields pulled back and Federal Reserve Chair Janet Yellen hinted at a U.S. rate hike "relatively soon".

European Markets Closing Report, by CNBC on August 10, 2016

cnbc.com Oil decline drives European markets to close under pressure; Novozymes tanks 11.5% Arjun Kharpal, Alexandra Gibbs, Holly Ellyatt European stocks failed to finish on a positive note on Wednesday as the renewed decline in oil prices and a slew of corporate earnings curbed investor sentiment.   FTSE FTSE 6852.72 1.42 0.02% 456311520 DAX DAX 10657.10 -35.80 -0.33% 77368279