Archive for Tag: European shares

European Stocks Lower; Evergrande Concerns Weigh, OPEC Meeting Due

European stock markets edged lower Monday, weighed by ongoing concerns over the health of property giant China Evergrande Group and ahead of an OPEC meeting. At 3:50 AM ET (0850 GMT), the DAX in Germany traded 0.5% lower, the CAC 40 in France fell 0.5% and the U.K.’s FTSE...

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European Stock Futures Higher; Fed Tapering Plan Helps

European stock markets are expected to open higher Thursday, following Wall Street upwards after the Federal Reserve delayed tapering to later in the year while concerns over heavily indebted Chinese property group Evergrande eased. At 2:05 AM ET (0605 GMT), the DAX Futurescontract in Germany traded 0.6% higher, CAC...

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European Stock Futures Edge Higher; Chinese Data Disappoints

European stock markets are expected to open marginally higher Tuesday, continuing to benefit from Federal Reserve Chairman Jerome Powell’s relatively dovish message on Friday. However, gains will be limited after disappointing growth data out of China. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded...

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European stocks steady as travel sector rebounds

European stocks inch higher on Wednesday after a wobbly start to the week, as investors balanced risks from a spike in global COVID-19 cases with signs of a steady economic recovery in the continent. The pan-European STOXX 600index rose 0.1% by 0712 GMT, with travel and leisure stocks recovering...

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European shares at record high ahead of U.S. inflation gauge

European shares notched up another record high on Wednesday as investors looked through rising COVID infections in Asia to new highs on Wall Street, after U.S. lawmakers agreed a trillion dollar boost to the economy. The STOXX index of 600 European companies hit a new peak for an eighth...

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European Stock Futures Edge Higher; ECB Meeting Looms Large

European stock markets are expected to edge higher at the open Thursday, continuing the recovery from the sharp selloff at the start of the week ahead of the latest policy announcement by the European Central Bank. At 2 AM ET (0600 GMT), the DAX Futurescontract in Germany traded 0.1%...

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European Stock Futures Mixed; Eurozone Inflation Due

European stock markets are seen opening mixed Friday, stabilizing after the previous session’s sharp losses ahead of the release of Eurozone inflation data for June. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1% lower, CAC 40 Futuresin France dropped 0.1%, while the FTSE...

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Oil rally helps energy stocks lead European shares higher

European shares ended higher on Thursday as a rally in crude prices saw energy stocks surge more than 2%, while strong earnings reports helped dispel some concerns over the infectious “Delta” variant of the coronavirus. The pan-European STOXX 600closed 0.6% higher at 455.63 points, with energy stocks marking their...

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