Monday, 08 September 2025
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European Markets Open Higher As Economic Outlook Is Assessed
Wednesday, 8 January 2025 15:26 WIB | MARKET UPDATE |EUROPE

European markets opened slightly higher on Wednesday as traders assessed the region's economic outlook. The pan-European Stoxx 600 index opened 0.1% higher with most sectors in positive territory, with financial services stocks up nearly 1%. The worst-performing sector was autos.

Traders will be watching data on European consumer confidence and economic sentiment. On the earnings front, Shell will release its fourth-quarter update.

European markets closed higher on Tuesday as investors in the region digested the latest inflation data showing euro zone consumer prices rose to 2.4% in December, up from 2.2% in November.

The reading — which was in line with expectations, according to a Reuters poll of economists — was lifted by higher service costs and rising energy prices.(AL)

Source: CNBC

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