European stocks opened lower Tuesday as investors assess the global implications of U.S. President-elect Donald Trump‘s plans to hike tariffs on China, Mexico and Canada. The regional Stoxx 600 was down 0.61% at 8:10 a.m. London time as all sectors bar telecoms retreated. Autos led losses, down 2.1%. The index had ended in the green for a…
Economists react to disappointing euro zone PMIs: ING’s Bert Colijn: “The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come in better than expected recently – so ahead of the December meeting, the ECB has to figure out whether this is the PMI crying wolf or whether…
JD Sports shares slump 13% on profit warning A JD sports store seen in London famous Oxford street. Sopa Images | Lightrocket | Getty Images Shares of British sports retailer JD Sports fell 13% in opening trade after it warned that its annual profit would come in at the lower end of its guidance following…
European markets moved higher Thursday as traders assessed the global inflation outlook and the possible trajectory of central bank rate cuts. The pan-European Stoxx 600 was up 0.5% in early deals, with the majority of sectors and major bourses trading in the green. Tech stocks led gains, up 1.72%, while household goods ticked 0.36% lower….
European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.’s FTSE 100 index is expected to open 36 points higher at 8,056, Germany’s DAX up 38 points at 19,081, France’s CAC up 11 points at 7,356 and Italy’s FTSE MIB up 68 points at 33,335, according…
European markets were slightly higher Tuesday as traders in the region digested the latest slew of earnings reports. The pan-European Stoxx 600 was up 0.10% by 10:20 a.m. London time, with sectors slipping into mixed territory. Mining stocks added 1.14% while travel and leisure stocks slipped 0.52%. HBSC‘s London-listed shares added 4.5% after it issued…
European markets traded lower Wednesday morning as global market sentiment took a turn for the worse. The pan-European Stoxx 600 index was down 0.3% by mid-morning with the majority of sectors in negative territory. The FTSE 100 was an outlier among major regional bourses, up 0.6% after the latest U.K. data showed the inflation rate…
Oil and gas stocks trade lower after IEA says oil market facing ‘sizeable surplus’ A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil and gas stocks were 3% lower at 9:45 a.m. in London, after the International Energy Agency said the oil market was…
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. Arne Dedert | Picture Alliance | Getty Images LONDON — European stocks started the new trading week on a positive…
Smoke rises from a building destroyed by an Israeli airstrike as journalists and local residents visit during a press tour on October 2, 2024 in Beirut, Lebanon. Daniel Carde | Getty Images LONDON — European stocks moved lowered Thursday as conflict in the Middle East weighs on regional investor sentiment. The pan-European Stoxx 600 was…