Archive for Tag: live european stock futures

Sharp rise in European sentiment helps stocks higher

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...

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European shares deepen losses after hawkish Fed comments

A slide in European bank and energy stocks was exacerbated by hawkish comments from a Federal Reserve official, which also saw the STOXX 600 index snap a four-week winning streak as fears of U.S. policy tightening came to the fore. The pan-European STOXX 600 index ended 1.6% lower in its...

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EU assessment of banks banned from bonds sales to be done very soon

The European Commission will make an assessment of banks it banned from EU Recovery Fund bond issuance very soon, which could see lenders re-admitted to the process, sources familiar with the situation told Reuters on Wednesday. The European Union has excluded some of the biggest investment banks with past...

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European stocks eke out fresh record as ECB raises recovery outlook

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...

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European shares hold near peaks; travel stocks shine on recovery prospects

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...

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European shares stay at record highs; commodity stocks fall

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...

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European shares hit record high on Airbus boost, Bayer hurt by Roundup ruling

European shares closed at a record high on Thursday boosted by Airbus after the planemaker hiked its jet output targets, while German shares weakened after shares in pharmaceuticals maker Bayer were hit by a court ruling. The pan-European STOXX 600index rose 0.3% to 446.44 points, a record closing high....

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UK may support steel, but unlikely to nationalise Liberty

Britain is open to providing support for steel as a strategic sector, but nationalising Liberty Steel after the collapse of its main lender was unlikely, business secretary Kwasi Kwarteng said on Tuesday. Liberty and the rest of Sanjeev Gupta’s family conglomerate have been seeking to refinance its cash-starved web...

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European stocks resume slide on rising inflation worries

European stocks slid on Thursday, tracking a selloff on Wall Street, as a rapid rise in U.S. inflation spooked investors, while a drop in commodity prices weighed on heavyweight miners. The pan-European STOXX 600 indices fell 1.0%, heading further away from all-time highs. British luxury brand Burberry tumbled 8.8%...

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