Archive for Tag: EURO STOXX 50

European stocks

Banks boost European stocks as recovery hopes grow

Shares of banks and automakers lifted European shares on Monday as investors continued to move into economy-linked sectors in hopes of a solid economic rebound from the coronavirus downturn. The pan-European STOXX 600index gained 0.4%, with the banking sector rising 2% to hit a fresh one-year high. Spain’s Banco...

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european stock market

European stocks rebound as bond markets stabilize

European stocks bounced on Monday after sharp losses last week as a selloff in bond markets eased, while optimism over COVID-19 vaccination programme and U.S. stimulus package further aided sentiment. The pan-regional STOXX 600index rose 1.6% by 0811 GMT following strong gains in Asian stocks despite weaker-than-expected manufacturing activity...

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European Stocks Up Over Biden Promise of “Trillions” in COVID-19 Stimulus Measures

EURO STOXX 50 futures eased 0.1% and FTSE futures were flat. Longer-term Treasury yields were at their highest since March after Friday’s weak jobs report only fanned speculation of more U.S. fiscal stimulus now that the Democrats have control of the government. President-elect Joe Biden is due to announce...

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