European stock markets pushed higher Tuesday, rebounding after the previous session’s sharp losses, helped by a strong quarterly update from Swiss banking giant UBS. At 3:45 AM ET (0845 GMT), the DAX in Germany traded 1% higher, the CAC 40 in France rose 1.3% and the U.K.’s FTSE 100...
Global shares retreated from recent highs on Wednesday, as Asian markets grew jittery about a resurgence of COVID-19 cases and Western markets awaited Friday’s U.S. jobs report and what it might mean for monetary policy. Asset markets have been buoyed over the past year by trillions of dollars in...
European shares ended higher on Tuesday after data showed economic sentiment improved sharply in June, while Adidas lifted the German index with a share buyback plan. The pan-European STOXX 600 closed 0.3% higher at 456.37 points, after data showed eurozone economic sentiment hit a 21-year high in June as...
The European Commission approved on Tuesday Germany’s 25.6 billion euro plan to recover from the pandemic and transform the economy to become greener and more digitalised in coming years. The scheme will be financed from EU grants only until 2026. Once the plan is also approved by EU finance...
European shares rose for an eighth straight session on Tuesday, driven by optimism over an economic recovery this year, but gains were limited as investors hunkered down ahead of the Federal Reserve’s two-day policy meeting. The pan-European STOXX 600 ended 0.1% higher at a record closing high of 458.81...
European shares ended at a record high on Monday as energy stocks surged on strength in the oil market, while expectations of accommodative monetary policy grew even as a global economic recovery picked up speed. The pan-European STOXX 600 rose 0.2% to a record-high close of 458.32 points. The...
European stocks inched to fresh peaks on Thursday as the European Central Bank raised its recovery outlook and promised to keep ample stimulus flowing, while travel stocks fell after a recent run of gains. The pan-European STOXX 600index was up just 0.1%, but at a fresh record high of...
European stocks remained near record highs on Wednesday, with investors holding off on taking big bets ahead of a policy decision from the European Central Bank and a U.S. inflation reading later this week. The pan-European STOXX 600index closed 0.1% higher, but stayed just short of a record high...
European stocks hit new highs on Tuesday, lifted by travel and real estate shares, but weak German industrial output data and doubts over Britain lifting restrictions later this month capped gains. The pan-European STOXX 600index closed 0.1% higher after notching a record high earlier in the session, with sectors...
European stocks hit record highs on Monday as another run of gains in automakers more than offset early declines in commodity-linked shares sparked by downbeat China export data. The European automobiles and parts index rose 0.9% to reach its highest since March 2015, extending a 5.3% rally from last...