European markets trade mixed amid Brexit uncertainty

The pan-European Stoxx 600 hovered around the flatline during early trade, with sectors and major bourses pointing in opposite directions. European markets traded mixed on Friday morning, as investors monitored Brexit uncertainty and awaited a fresh batch of economic data. Market focus is largely attuned to global trade developments, after the U.S. and China agreed to hold high-level talks in early October. The news raised hopes that the world’s two largest economies could soon make substantial


The pan-European Stoxx 600 hovered around the flatline during early trade, with sectors and major bourses pointing in opposite directions. European markets traded mixed on Friday morning, as investors monitored Brexit uncertainty and awaited a fresh batch of economic data. Market focus is largely attuned to global trade developments, after the U.S. and China agreed to hold high-level talks in early October. The news raised hopes that the world’s two largest economies could soon make substantial
European markets trade mixed amid Brexit uncertainty Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-06  Authors: chloe taylor sam meredith, chloe taylor, sam meredith
Keywords: news, cnbc, companies, data, announced, mixed, worlds, uncertainty, economic, amid, european, shares, brexit, stoxx, markets, trade, talks, early


European markets trade mixed amid Brexit uncertainty

The pan-European Stoxx 600 hovered around the flatline during early trade, with sectors and major bourses pointing in opposite directions.

European markets traded mixed on Friday morning, as investors monitored Brexit uncertainty and awaited a fresh batch of economic data.

Market focus is largely attuned to global trade developments, after the U.S. and China agreed to hold high-level talks in early October.

The news raised hopes that the world’s two largest economies could soon make substantial progress in de-escalating their protracted trade dispute.

Risk sentiment was also helped by upbeat U.S. economic data on Thursday. U.S. private payrolls increased at their fastest pace in four months in August, according to ADP. The numbers came amid speculation that the decade-long economic expansion is coming to an end.

The New York Federal Reserve puts the chance of a recession at 39% in the next 12 months, the highest level since the Great Recession that ended in mid-2009.

Back in Europe, market participants continue to monitor political uncertainty in Britain, with 55 days to go until the world’s fifth-largest economy is scheduled to leave the European Union.

On Thursday, British Prime Minister Boris Johnson was dealt a blow when his brother, Jo Johnson, announced he was quitting the cabinet, citing “unresolvable tension” between his family loyalty and the national interest.

Sterling hovered close to a six-week peak of $1.2353 Friday morning, amid hopes Britain could avoid departing the EU without a deal. The U.K. currency had fallen to a three-year low earlier in the week, after the new prime minister stoked fears of a so-called “no-deal” Brexit.

On the data front, monthly German industrial output figures will be released at around 7 a.m. London time.

A final reading of euro zone employment data and revised quarter-on-quarter GDP (gross domestic product) figures will follow slightly later in the session.

Looking at individual stocks, Danish jewelry maker Pandora’s shares gained 2.4% to top the Stoxx 600 during early deals. The company recently announced that it would undergo a complete rebrand in a bid to boost sales.

At the other end of the European index was Norwegian telecoms firm Telenor. Shares of the company were down 6% after it was announced that talks with Malaysia’s Axiata about a potential joint venture had ended without a deal.


Company: cnbc, Activity: cnbc, Date: 2019-09-06  Authors: chloe taylor sam meredith, chloe taylor, sam meredith
Keywords: news, cnbc, companies, data, announced, mixed, worlds, uncertainty, economic, amid, european, shares, brexit, stoxx, markets, trade, talks, early


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European stocks close higher on signs of trade war easing; Italy stock falls; Deutsche Wohnen up 9%

European stocks closed higher on Friday after China struck an accommodating tone over its trade war with the U.S., while British opposition lawmakers plan to trigger an emergency debate to prevent a no-deal Brexit. The pan-European Stoxx 600 ended the session 0.6% higher, with almost every sector in positive territory and China-exposed basic resources stocks jumping 2.5%. However, Friday’s rally marked the end of a volatile month for European stocks. Bucking Friday’s trend were Italian stocks, w


European stocks closed higher on Friday after China struck an accommodating tone over its trade war with the U.S., while British opposition lawmakers plan to trigger an emergency debate to prevent a no-deal Brexit. The pan-European Stoxx 600 ended the session 0.6% higher, with almost every sector in positive territory and China-exposed basic resources stocks jumping 2.5%. However, Friday’s rally marked the end of a volatile month for European stocks. Bucking Friday’s trend were Italian stocks, w
European stocks close higher on signs of trade war easing; Italy stock falls; Deutsche Wohnen up 9% Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: chloe taylor elliot smith, chloe taylor, elliot smith
Keywords: news, cnbc, companies, italy, war, stock, wohnen, stocks, trigger, stoxx, party, political, parliament, higher, european, opposition, signs, trade, falls


European stocks close higher on signs of trade war easing; Italy stock falls; Deutsche Wohnen up 9%

European stocks closed higher on Friday after China struck an accommodating tone over its trade war with the U.S., while British opposition lawmakers plan to trigger an emergency debate to prevent a no-deal Brexit.

The pan-European Stoxx 600 ended the session 0.6% higher, with almost every sector in positive territory and China-exposed basic resources stocks jumping 2.5%.

However, Friday’s rally marked the end of a volatile month for European stocks. Britain’s FTSE 100 index, which was up 0.3% at the closing bell, was down 5.3% in August in its worst monthly fall since August 2015.

Bucking Friday’s trend were Italian stocks, which fell on the back of new political developments in the country. Luigi Di Maio, leader of Italy’s Five-Star Movement, said on Friday his party would only enter a coalition with opposition PD if it agreed to a string of policy demands, denting hopes that some political stability would soon be restored in Rome.

Italy’s FTSE MIB was more than 0.3% lower during afternoon deals, with Banco BPM slumping to the bottom of the Stoxx 600 on a 3% loss.

More broadly, stocks worldwide are experiencing a reprieve after the Chinese Ministry of Commerce on Thursday indicated that it would not escalate the trade war with Washington, urging negotiation and collaboration in pursuit of a “calm” resolution.

Stocks on Wall Street turned negative on Friday, erasing earlier gains, with the Nasdaq shedding 0.4% in late morning trade.

Back in Europe, investors continued to monitor the fallout from U.K. Prime Minister Boris Johnson’s suspension of parliament. The main opposition Labour party said on Thursday that it would trigger an emergency debate in parliament next week, in a bid to stop Johnson taking Britain out of the European Union without a withdrawal deal on October 31.

The no-deal scenario is widely opposed in the British parliament, and the elevated risk of it becoming reality has sent sterling lower.


Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: chloe taylor elliot smith, chloe taylor, elliot smith
Keywords: news, cnbc, companies, italy, war, stock, wohnen, stocks, trigger, stoxx, party, political, parliament, higher, european, opposition, signs, trade, falls


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Europe stocks higher as calm returns to markets following Treasury yield inversion; FTSE fails to open

European markets moved higher on Friday morning as investors monitor Treasury yields for clues on a possible recession. The pan-European Stoxx 600 was up by 0.7% shortly after the opening bell, with every sector moving higher. London’s FTSE 100 index failed to open at the start of the European trading on Friday.The London Stock Exchange (LSE) has said it is currently investigating a potential trading services issue, according to Reuters.


European markets moved higher on Friday morning as investors monitor Treasury yields for clues on a possible recession. The pan-European Stoxx 600 was up by 0.7% shortly after the opening bell, with every sector moving higher. London’s FTSE 100 index failed to open at the start of the European trading on Friday.The London Stock Exchange (LSE) has said it is currently investigating a potential trading services issue, according to Reuters.
Europe stocks higher as calm returns to markets following Treasury yield inversion; FTSE fails to open Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-16  Authors: silvia amaro, chloe taylor
Keywords: news, cnbc, companies, markets, stock, returns, ftse, treasury, following, open, european, stoxx, services, sector, higher, yields, stocks, shortly, start, inversion, yield, trading


Europe stocks higher as calm returns to markets following Treasury yield inversion; FTSE fails to open

European markets moved higher on Friday morning as investors monitor Treasury yields for clues on a possible recession.

The pan-European Stoxx 600 was up by 0.7% shortly after the opening bell, with every sector moving higher.

London’s FTSE 100 index failed to open at the start of the European trading on Friday.The London Stock Exchange (LSE) has said it is currently investigating a potential trading services issue, according to Reuters.


Company: cnbc, Activity: cnbc, Date: 2019-08-16  Authors: silvia amaro, chloe taylor
Keywords: news, cnbc, companies, markets, stock, returns, ftse, treasury, following, open, european, stoxx, services, sector, higher, yields, stocks, shortly, start, inversion, yield, trading


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European stocks close lower amid trade war worries; Tullow Oil up 20%

Banks were the biggest fallers, led by a 5% slide for CYBG, while chemicals stocks were the best performers. Trade talks are set to resume in Washington in early September after a new 10% tariff on an additional $300 billion worth of Chinese goods comes into effect on September 1. President Donald Trump told reporters on Friday that the U.S. is not ready to strike a trade deal with China just yet. AMS stock plunged almost 12% while Osram shares leaped over 10% on the news. Meanwhile, Tullow Oil


Banks were the biggest fallers, led by a 5% slide for CYBG, while chemicals stocks were the best performers. Trade talks are set to resume in Washington in early September after a new 10% tariff on an additional $300 billion worth of Chinese goods comes into effect on September 1. President Donald Trump told reporters on Friday that the U.S. is not ready to strike a trade deal with China just yet. AMS stock plunged almost 12% while Osram shares leaped over 10% on the news. Meanwhile, Tullow Oil
European stocks close lower amid trade war worries; Tullow Oil up 20% Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: elliot smith
Keywords: news, cnbc, companies, tullow, peso, close, amid, lower, set, european, osram, shares, worries, chinese, war, stoxx, president, trade, oil, stocks, talks


European stocks close lower amid trade war worries; Tullow Oil up 20%

The pan-European Stoxx 600 closed provisionally down nearly 0.3%. The index had posted an almost 1% gain earlier in the session. Banks were the biggest fallers, led by a 5% slide for CYBG, while chemicals stocks were the best performers.

The People’s Bank of China set the official midpoint reference for its yuan currency at 7.0211 per dollar on Monday, exceeding the psychological barrier of 7 per dollar for the third consecutive session.

Trade talks are set to resume in Washington in early September after a new 10% tariff on an additional $300 billion worth of Chinese goods comes into effect on September 1. President Donald Trump told reporters on Friday that the U.S. is not ready to strike a trade deal with China just yet.

On Wall Street, stocks fell as investor sentiment was knocked by concerns around slowing global economic growth. Goldman Sachs said on Sunday that fears of a recession as a result of the trade war are increasing, and the investment bank no longer expects a trade deal before the 2020 U.S. presidential election.

Elsewhere, the Argentinian peso sold off steeply Monday after the country’s center-right President Mauricio Macri performed poorly in primary elections.

Macri lost by a far greater margin than expected on Sunday, early official results showed, casting serious doubt over the incumbent’s re-election chances in October. The peso slipped more than 30% at one stage to a record low as traders demanded 65 to the U.S. dollar.

Hong Kong was also in focus as tensions between Chinese authorities and protesters escalated. Hong Kong International Airport, one of the world’s busiest terminals, was forced to cancel all departures on Monday amid mass disruption due to anti-government protests.

Back in Europe, Trump’s national security advisor John Bolton arrived in London Sunday for talks where he is expected to urge Britain to take a tougher stance on Iran and Chinese telecommunications firm Huawei.

Investors will also have an eye on political developments in Italy after Deputy Prime Minister Matteo Salvini’s Lega party filed a no-confidence motion to bring down the government on Friday.

In corporate news, Apple supplier AMS said Sunday that it has made an all-cash takeover offer of 38.5 euros ($43.15) per share for German lighting group Osram Licht. AMS stock plunged almost 12% while Osram shares leaped over 10% on the news.

Meanwhile, Tullow Oil shares surged 20% to lead the Stoxx 600 after it announced a major oil discovery in Guyana.


Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: elliot smith
Keywords: news, cnbc, companies, tullow, peso, close, amid, lower, set, european, osram, shares, worries, chinese, war, stoxx, president, trade, oil, stocks, talks


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European markets close slightly higher amid earnings, weak economic data

European stocks closed slightly higher Wednesday, as market participants digested a fresh round of corporate earnings and disappointing economic data out of France and Germany. Market focus is largely attuned to economic data and corporate results. The euro slumped to two-month lows to $1.1127 following the PMI figures, but recovered slightly to trade around the $1.1140 mark during the afternoon. Deutsche Bank reported a weaker-than-expected net loss of 3.15 billion euros ($3.51 billion) for the


European stocks closed slightly higher Wednesday, as market participants digested a fresh round of corporate earnings and disappointing economic data out of France and Germany. Market focus is largely attuned to economic data and corporate results. The euro slumped to two-month lows to $1.1127 following the PMI figures, but recovered slightly to trade around the $1.1140 mark during the afternoon. Deutsche Bank reported a weaker-than-expected net loss of 3.15 billion euros ($3.51 billion) for the
European markets close slightly higher amid earnings, weak economic data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-24  Authors: elliot smith sam meredith, elliot smith, sam meredith
Keywords: news, cnbc, companies, stoxx, markets, amid, weak, sector, higher, economic, data, billion, euros, trade, earnings, close, shares, european, stocks, slightly, second


European markets close slightly higher amid earnings, weak economic data

European stocks closed slightly higher Wednesday, as market participants digested a fresh round of corporate earnings and disappointing economic data out of France and Germany.

The pan-European Stoxx 600 closed provisionally up almost 0.1%, with autos stocks leading the gains with a near-1.5% rise while the basic resources sector tumbled over 1.2%.

Market focus is largely attuned to economic data and corporate results. PMI (Purchasing Managers’ Index) data showed that a recession in Germany’s manufacturing sector worsened in July with goods producer performance falling to its lowest level in seven year.

Meanwhile, French business growth also slowed unexpectedly. The euro slumped to two-month lows to $1.1127 following the PMI figures, but recovered slightly to trade around the $1.1140 mark during the afternoon.

On the earnings front, ITV shares surged almost 7% to the top of the Stoxx 600 after Britain’s biggest free-to-air commercial broadcaster said a strong contribution to online revenue from reality show “Love Island” helped limit a fall in ad revenue to 5% for the first half of the year.

Deutsche Bank reported a weaker-than-expected net loss of 3.15 billion euros ($3.51 billion) for the second quarter of 2019 due to substantial strategic transformation charges of 3.4 billion euros. Deutsche Bank shares were down nearly 2%.

French carmaker Peugeot delivered a sharp increase in first-half profit, as new models and the integration of Opel-Vauxhall more than made up for weaker emerging-market sales. The group’s share price rose by almost 2%.

Daimler said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags triggered a 1.56 billion euros ($1.74 billion) loss before interest and taxes in the second quarter. Daimler shares recovered from early losses to trade nearly 3% higher.

Outside the main European blue chip index, Aston Martin shares plunged 24% after the British luxury carmaker issued a profit warning amid weakness in the U.K. and mainland Europe.


Company: cnbc, Activity: cnbc, Date: 2019-07-24  Authors: elliot smith sam meredith, elliot smith, sam meredith
Keywords: news, cnbc, companies, stoxx, markets, amid, weak, sector, higher, economic, data, billion, euros, trade, earnings, close, shares, european, stocks, slightly, second


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European stocks close higher as investors monitor earnings; Burberry shares jump 14%

The pan-European Stoxx 600 was up 0.3% at the end of the session, with construction and material stocks, up 1.65%, leading the gains. Sterling slipped to around $1.24 as fears of a no-deal Brexit rose following comments from potential Conservative Party leader, Boris Johnson. Stateside, corporate figures will also be on traders’ minds with J.P. Morgan, Wells Fargo and Johnson & Johnson all set to report. Citigroup kicked off the earnings season on Wall Street Monday, reporting better-than-expect


The pan-European Stoxx 600 was up 0.3% at the end of the session, with construction and material stocks, up 1.65%, leading the gains. Sterling slipped to around $1.24 as fears of a no-deal Brexit rose following comments from potential Conservative Party leader, Boris Johnson. Stateside, corporate figures will also be on traders’ minds with J.P. Morgan, Wells Fargo and Johnson & Johnson all set to report. Citigroup kicked off the earnings season on Wall Street Monday, reporting better-than-expect
European stocks close higher as investors monitor earnings; Burberry shares jump 14% Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: elliot smith ryan browne, elliot smith, ryan browne
Keywords: news, cnbc, companies, earnings, second, stocks, following, investors, burberry, shares, stoxx, major, economy, trade, monitor, european, close, rose, johnson, figures, sales, jump, higher


European stocks close higher as investors monitor earnings; Burberry shares jump 14%

The pan-European Stoxx 600 was up 0.3% at the end of the session, with construction and material stocks, up 1.65%, leading the gains.

Sterling slipped to around $1.24 as fears of a no-deal Brexit rose following comments from potential Conservative Party leader, Boris Johnson. The dollar also strengthened after better-than-expected U.S. retail sales data.

Market players are largely focused on upcoming results from major companies Tuesday. In Europe, Burberry shares soared more than 14% to top the Stoxx 600 after the British luxury brand reported a pick-up in first-quarter sales driven by new designs from creative chief Riccardo Tisci.

Shares of Swedish power tools giant Husqvarna dropped 5% to the bottom of the European blue chip index after its CEO said its full-year 2019 operating margin would be at the lower end of the previous guidance range due to weak sales early in the second quarter.

Fiat Chrysler stock was down 3% at the closing bell after it was initiated at a “sell” rating by Goldman Sachs.

Stateside, corporate figures will also be on traders’ minds with J.P. Morgan, Wells Fargo and Johnson & Johnson all set to report.

Citigroup kicked off the earnings season on Wall Street Monday, reporting better-than-expected profit and revenue numbers for the second quarter.

Shares of Ryanair were up by 2.6% on Tuesday, despite the airline halving its 2020 passenger growth outlook on the back of delayed deliveries of Boeing’s 737 Max jet.

Meanwhile, trade continues to be an area of focus for the market. President Donald Trump said Monday that U.S. tariffs were having a “major effect” on China, following the release of data that showed China’s economy growing at its slowest pace in 27 years.

Elsewhere, in terms of data, the euro zone’s balance of trade for May came in at a surplus of 23 billion euros ($25.85 billion). Seasonally adjusted exports rose by 1.4% while imports were down 1%. The figures provide fresh indication that the currency area’s economy is holding steady amid global trade tensions.

July’s economic sentiment figures for Germany came in at -24.5 versus -22.3 expectations, compounding the economic uncertainty shrouding Europe’s largest economy.


Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: elliot smith ryan browne, elliot smith, ryan browne
Keywords: news, cnbc, companies, earnings, second, stocks, following, investors, burberry, shares, stoxx, major, economy, trade, monitor, european, close, rose, johnson, figures, sales, jump, higher


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European stocks close lower as Powell hints at Fed rate cut

European stocks edged lower on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell hinted at imminent interest rate cuts in a testimony to Congress. The pan-European Stoxx 600 fell almost 0.2% during afternoon trade, with the vast majority of sectors in negative territory.


European stocks edged lower on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell hinted at imminent interest rate cuts in a testimony to Congress. The pan-European Stoxx 600 fell almost 0.2% during afternoon trade, with the vast majority of sectors in negative territory.
European stocks close lower as Powell hints at Fed rate cut Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: elliot smith
Keywords: news, cnbc, companies, cut, close, powell, stocks, afternoon, testimony, lower, sectors, reserve, hints, rate, vast, fed, european, stoxx, trade, territory


European stocks close lower as Powell hints at Fed rate cut

European stocks edged lower on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell hinted at imminent interest rate cuts in a testimony to Congress.

The pan-European Stoxx 600 fell almost 0.2% during afternoon trade, with the vast majority of sectors in negative territory.


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: elliot smith
Keywords: news, cnbc, companies, cut, close, powell, stocks, afternoon, testimony, lower, sectors, reserve, hints, rate, vast, fed, european, stoxx, trade, territory


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European markets close lower despite strong US job growth; Deutsche Bank shares fall 5% as restructuring begins

The pan-European Stoxx 600 dipped below the flatline at the closing bell, with most sectors and major bourses in the red. European stocks ended Monday’s session in negative territory, even as stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut. Shares of Deutsche Bank ended the session 5% lower. Meanwhile, Spain’s Enagas also tumbled to the bottom of the Stoxx 600 after a flurry of target price downgrades from RBC, J.P. Morgan and Kepler Cheuvr


The pan-European Stoxx 600 dipped below the flatline at the closing bell, with most sectors and major bourses in the red. European stocks ended Monday’s session in negative territory, even as stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut. Shares of Deutsche Bank ended the session 5% lower. Meanwhile, Spain’s Enagas also tumbled to the bottom of the Stoxx 600 after a flurry of target price downgrades from RBC, J.P. Morgan and Kepler Cheuvr
European markets close lower despite strong US job growth; Deutsche Bank shares fall 5% as restructuring begins Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: chloe taylor sam meredith, chloe taylor, sam meredith
Keywords: news, cnbc, companies, trading, european, session, ended, bell, stoxx, banking, fall, job, shares, restructuring, markets, lower, strong, growth, jobs, deutsche, stocks


European markets close lower despite strong US job growth; Deutsche Bank shares fall 5% as restructuring begins

The pan-European Stoxx 600 dipped below the flatline at the closing bell, with most sectors and major bourses in the red.

European stocks ended Monday’s session in negative territory, even as stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut.

Europe’s banking stocks led the losses, trading nearly 1% lower after Deutsche Bank announced it would pull out of its global equities sales and trading operations, scale back its investment banking and slash thousands of jobs as part of a sweeping restructuring plan to improve profitability.

Germany’s flagship lender surged toward the top of the European benchmark shortly after the opening bell, before giving up all of its gains to slip toward the bottom of the index. Shares of Deutsche Bank ended the session 5% lower.

Meanwhile, Spain’s Enagas also tumbled to the bottom of the Stoxx 600 after a flurry of target price downgrades from RBC, J.P. Morgan and Kepler Cheuvreux. Shares of the utilities firm slipped almost 5% on the news.


Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: chloe taylor sam meredith, chloe taylor, sam meredith
Keywords: news, cnbc, companies, trading, european, session, ended, bell, stoxx, banking, fall, job, shares, restructuring, markets, lower, strong, growth, jobs, deutsche, stocks


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European stocks close higher on Lagarde’s nomination as the next ECB chief

European stocks closed sharply higher Wednesday as EU leaders agreed on nominees to lead the bloc’s main institutions for the next five years following a marathon summit. The pan-European Stoxx 600 closed provisionally up by 0.8%, with the majority of sectors and all major bourses in positive territory. Travel and leisure stocks led the gains with a 2% jump.


European stocks closed sharply higher Wednesday as EU leaders agreed on nominees to lead the bloc’s main institutions for the next five years following a marathon summit. The pan-European Stoxx 600 closed provisionally up by 0.8%, with the majority of sectors and all major bourses in positive territory. Travel and leisure stocks led the gains with a 2% jump.
European stocks close higher on Lagarde’s nomination as the next ECB chief Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: elliot smith
Keywords: news, cnbc, companies, stocks, closed, european, travel, stoxx, sharply, sectors, territory, positive, higher, summitthe, ecb, chief, provisionally, nomination, close, lagardes


European stocks close higher on Lagarde's nomination as the next ECB chief

European stocks closed sharply higher Wednesday as EU leaders agreed on nominees to lead the bloc’s main institutions for the next five years following a marathon summit.

The pan-European Stoxx 600 closed provisionally up by 0.8%, with the majority of sectors and all major bourses in positive territory. Travel and leisure stocks led the gains with a 2% jump.


Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: elliot smith
Keywords: news, cnbc, companies, stocks, closed, european, travel, stoxx, sharply, sectors, territory, positive, higher, summitthe, ecb, chief, provisionally, nomination, close, lagardes


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European stocks open higher as Trump says US-China trade talks underway

European stocks opened higher again on Tuesday after U.S. President Donald Trump said that trade talks with China, which had stalled in May, have “already begun” following his meeting with Chinese President Xi Jinping at the weekend. The pan-European Stoxx 600 rose 0.2% after the opening bell, basic resources emerging as the strongest performing sector with a 0.6% rise in early deals.


European stocks opened higher again on Tuesday after U.S. President Donald Trump said that trade talks with China, which had stalled in May, have “already begun” following his meeting with Chinese President Xi Jinping at the weekend. The pan-European Stoxx 600 rose 0.2% after the opening bell, basic resources emerging as the strongest performing sector with a 0.6% rise in early deals.
European stocks open higher as Trump says US-China trade talks underway Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-02  Authors: elliot smith
Keywords: news, cnbc, companies, european, trump, higher, president, xi, stoxx, underway, open, stalled, talks, trade, uschina, stocks, strongest, weekendthe


European stocks open higher as Trump says US-China trade talks underway

European stocks opened higher again on Tuesday after U.S. President Donald Trump said that trade talks with China, which had stalled in May, have “already begun” following his meeting with Chinese President Xi Jinping at the weekend.

The pan-European Stoxx 600 rose 0.2% after the opening bell, basic resources emerging as the strongest performing sector with a 0.6% rise in early deals.


Company: cnbc, Activity: cnbc, Date: 2019-07-02  Authors: elliot smith
Keywords: news, cnbc, companies, european, trump, higher, president, xi, stoxx, underway, open, stalled, talks, trade, uschina, stocks, strongest, weekendthe


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