LONDON — European stocks are expected to open slightly higher Tuesday as traders digest the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The U.K.’s FTSE index is seen opening 10 points higher at 8,531, Germany’s DAX up 4 points at 21,004, France’s CAC 40 7 points higher at 7,740 and…
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You…
European markets opened in negative territory Tuesday as central banks take center stage this week. The pan-European Stoxx 600 index opened 0.4% lower with all sectors in negative territory, as well as all major European bourses. A focal point for global markets this week is the U.S. Federal Reserve’s final two-day policy meeting of the…
SSE plans $28 billion investment in U.K. grid infrastructure Electricity pylons hold power cables leading away from the SSE (Scottish and Southern Energy) gas-fired Keadby Power Station near Scunthorpe in northern England on September 6, 2022. Lindsey Parnaby | Afp | Getty Images British energy company SSE said Tuesday that its electricity network subsidiary SSEN…
Euro slides with French government on brink The euro tumbled 0.72% against the U.S. dollar, trading at $1.0497 at 8:40 a.m. in London, as traders monitored political volatility in France. The odds that the fragile government led by Michel Barnier will be toppled in a no-confidence vote by the far-right and a left-wing coalition appeared…
Spanish inflation rises for second straight month Spain’s inflation rate hit 2.4% in November, in line with expectations of economists polled by Reuters and up from 1.8% the previous month. It comes after annual inflation in the country hit a three-year low of 1.5% in September. German inflation data is due later Thursday ahead of…
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…
Stocks rise as Donald Trump picks Scott Bessent as new Treasury Secretary – latest updates Jump to content Source link
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…