European markets closed higher on Monday, as investors digested a slew of key earnings and data releases in both Europe and the U.S. this week.
The Stoxx 600 closed provisionally higher by 0.5%, with travel and banking sectors leading gains.
Regionally, the FTSE 100 closed up 0.02% — its 11th straight day of gains and its best gain since late 2019. France's CAC 40 and Germany's DAX rose 0.5% and 0.06%, respectively.
Top posts
Deliveroo shares jump after DoorDash bid as company suspends share buybacks | see post
Mediobanca makes $7.2 billion takeover bid for Banca Generali | see post
Airbus completes deal to acquire Spirit AeroSystems assets | see post
Volkswagen truck unit Traton shares rise despite sales slowdown | see post
This week, French and German gross domestic product and inflation data due out on Wednesday will be closely watched, as will earnings from HSBC, BP, Deutsche Bank and Shell.
Elsewhere, Asia-Pacific markets are quiet as investors assess China's pledge to support domestic businesses and developments in trade negotiations between the U.S. and countries in the region.
On Wall Street, four of the "Big Seven" — Amazon, Apple, Meta Platforms and Microsoft — will release their quarterly results. Major companies such as Visa, Coca-Cola, Eli Lilly and Berkshire Hathaway will also be in attendance. (Newsmaker23)
Source: CNBC
The Nasdaq Composite notched a perfect week of closing highs on Friday as investors took signs of weakening jobs and tame inflation to mean the Federal Reserve will lower interest rates next week. Th...
European stocks closed flat on Friday, after data showed the U.K. economic growth stalled in July. The pan-European Stoxx 600 was flat at 0.09% with no broad consensus movement among sectors and majo...
Wall Street indexes opened subdued on Friday after notching record highs in the previous session, though they remained on track to log gains in a week of economic reports that solidified expectations ...
The STOXX 50 index edged up 0.1% to 5,390 points on Friday, its highest since late August, while the broader STOXX 600 also gained 0.1% to 555 points, as a jump in US jobless claims and a modest rise ...
European stocks closed higher Thursday, as investors reacted to the latest policy decision by the European Central Bank as well as key U.S. inflation data. The DAX index in Germany climbed 0.3%, the ...
Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled at $66.99 a barrel, up 62 cents, or 0.93%. U.S....
The Nasdaq Composite notched a perfect week of closing highs on Friday as investors took signs of weakening jobs and tame inflation to mean the Federal Reserve will lower interest rates next week. The tech-heavy Nasdaq closed 0.44% higher to...
Gold prices rise over 0.44% during Friday's North American session as weaker than expected jobs market data increased the chances that the Federal Reserve (Fed) will cut interest rates next week. At the time of writing, XAU/USD trades at $3,649...
The International Monetary Fund on Thursday said the Federal Reserve has scope to lower interest rates because of the weakening U.S. labor market,...
The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday...
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...
Annual inflation in the United States (US), as measured by changes in the Consumer Price Index (CPI), rose to 2.9% in August from 2.7% in July, the...