The STOXX 50 rose 0.6% and the STOXX 600 gained 0.5% on Wednesday, rebounding from a lackluster session the previous day. Investors focused on corporate earnings and monitored a minerals deal between Ukraine and the US aimed at developing Ukraine's natural resources, an agreement that could help ease recent tensions between the two countries.
Mining companies led the gains, supported by a rise in copper prices after US President Donald Trump signaled potential import tariffs on the metal. The food and beverages sector also advanced. On the earnings front, Anheuser-Busch InBev surged over 7% after reporting a stronger-than-expected operating profit.
Munich Re jumped more than 4.5% after exceeding its profit target and proposing a dividend increase, while E.ON gained approximately 2.7% following an upward revision of its 2024–2028 investment program to €43 billion. On the other hand, Deutsche Telekom was among the worst performers, losing about 3.8%.
Source: Trading Economics
Asian stocks moved mixed on Thursday after Wall Street rallied and pushed the S&P 500 to a new record. A decline in US producer price inflation (PPI) bolstered confidence that the Fed could cut in...
The S&P 500 notched a second straight record-high close on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the U.S. Federal Reserve will cut interest rat...
European stocks closed mostly lower on Wednesday with losses from tech, consumer defensive companies, and miners as markets continued to assess the outlook on global rates and geopolitical risk. The E...
The S&P 500 jumped to a fresh record on Wednesday after a reading on wholesale prices unexpectedly declined, a welcome development for investors clamoring for a Federal Reserve rate cut next week ...
European stocks have opened higher as a bit of political calm enters the market. The Stoxx 600 Index was up 0.6% in its third session of straight gains. Retailers led the rally as Inditex shares jump...
World oil prices recorded a slight decline in trading on Wednesday (September 10th) despite escalating geopolitical tensions in the Middle East. Prices briefly surged nearly 2% following Israel's attack on Qatar, but the gains were...
The US dollar held steady early in the Asian session after the PPI data fell 0.1% in August, reinforcing expectations that the Fed would cut interest rates next week. The Dollar Index edged up to 97.822, marking a third consecutive day of gains....
Gold held steady just below its record, around $3,645/oz, after an unexpected decline in US producer prices (PPI) fueled hopes of Fed policy easing. The market now awaits the release of US CPI data Thursday evening (WIB) for confirmation of the...
The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...
Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...
The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark...
Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in...