European stocks reversed early losses and closed higher on Tuesday, helped by a rebound in U.S. equities as markets continued to assess how lower trade risks with the U.S. could affect Europe's corporate giants. The eurozone STOXX 50 gained 0.4% to close at 4,956 and the pan-European STOXX 600 gained 0.2% to close at 508. Carmakers were among the biggest gainers on the session, with Mercedes-Benz, BMW and Volkswagen all up more than 2%. Banks, meanwhile, were solidly ahead, with BNP Paribas, Intesa Sanpaolo and ING all up around 1.5%, although UniCredit slumped almost 3% after the Italian government imposed restrictions on the lender's bid to acquire Banco BPM. On the earnings front, L'Oreal jumped more than 6% after posting strong results. Outside the euro zone, Novo Nordisk plunged more than 7% after U.S. rival Eli Lilly reported strong results on its new weight-loss drug. (Newsmaker23)
Source: Trading Economics
Both the STOXX 50 and the STOXX 600 traded around the flatline on Monday, as investors adopted a cautious stance amid a lack of fresh catalysts. The only notable data release was the UK's final GDP gr...
Asian stocks opened higher, following Friday's rise in US stocks, which fueled hopes for a year-end rally. Many investors are starting to re-enter the market after a market correction. The MSCI Asia-...
US stocks closed sharply higher on a triple-witching Friday, with the S&P 500 rising 0,9%, the Nasdaq 100 gaining 1.4%, and the Dow Jones adding more than 180 points, extending gains from the prev...
European equities closed higher on Friday, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.4% to a fresh record, boosted by expectations of further Fed rate cuts next year and fading bets that th...
European stocks opened mixed on Friday (December 19th), as investors digested a number of interest rate decisions and awaited crucial budget talks in France. Regional investors were shaken by a day f...
Gold (XAU/USD) surges to fresh record highs on Monday, as escalating geopolitical tensions bolster safe-haven demand. At the time of writing, XAU/USD is trading around $4,413, up about 1.70% on the day, after breaking above the October 21 peak near...
The U.S. dollar drifted lower on Monday after logging some gains last week, while threats of government intervention helped the Japanese yen recover mildly from recent losses. Regional markets showed little reaction to the People's Bank of China...
The dollar index held at 98.6 on Monday after a modest gain last week, with trading expected to be quiet this week due to the Christmas holiday. Investor attention will mainly be on the second estimate of GDP for the third quarter, set for release...
US stocks closed sharply higher on a triple-witching Friday, with the S&P 500 rising 0,9%, the Nasdaq 100 gaining 1.4%, and the Dow Jones adding...
European equities closed higher on Friday, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.4% to a fresh record, boosted by expectations of...
Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. interest rates for months ahead after the central bank...
Asian stocks opened higher, following Friday's rise in US stocks, which fueled hopes for a year-end rally. Many investors are starting to re-enter...