European stocks rose on Friday, boosted by stronger-than-expected U.S. payrolls data for April and signs that China may resume trade talks with the U.S. The Stoxx 50 jumped 1.9% and the Stoxx 600 gained 1.7%, led by a 3% rally in technology stocks. London's FTSE 100 rose more than 1%, marking its longest daily winning streak on record. Shell rose 1.9% after beating Q1 profit expectations and launching a $3.5 billion share buyback. Standard Chartered also beat estimates, boosted by gains in wealth management and global banking, while NatWest reported better-than-expected profit of £1.8 billion. Moët Hennessy announced plans to cut more than 10% of its workforce amid a restructuring at LVMH's wine and spirits division. On the macro front, Eurozone inflation held steady in April, rising 0.6% from the previous month and 2.2% year-on-year, in line with March's figure. (Newsmaker23)
Source: Trading Economics
US stocks recovered from sharp early losses on Friday (November 14th), but closed flat to lower as investors bought back major technology stocks and reassessed the likelihood of a December interest ra...
US stocks moved lower on Friday, with the S&P 500 down 1% and the Nasdaq falling 1.6%, both hitting one-month lows, while the Dow Jones dropped about 400 points. The tech sector remained under he...
Gauges in Japan, South Korea and Australia all opened weaker, even as an index of the region was poised for its third gain in four weeks. The S&P 500 closed 1.7% lower while the Nas...
US stocks plunged on Thursday (November 13), with the S&P 500 falling 1.5%, the Nasdaq 1.9%, and the Dow Jones Industrial Average returning to a record high after a 1.5% decline amid a selloff in ...
Both the STOXX 50 and STOXX 600 reversed early gains and closed down 0.6% and 0.8%, respectively, on Thursday, retreating from new record highs reached earlier in the session amid downbeat corporate r...
US stocks recovered from sharp early losses on Friday (November 14th), but closed flat to lower as investors bought back major technology stocks and reassessed the likelihood of a December interest rate cut. This left the S&P 500 and Nasdaq 100...
Oil prices rose more than 2% on Friday (November 14th) as the Russian port of Novorossiisk halted oil exports following a Ukrainian drone attack on an oil depot in the Russian energy hub, sparking supply concerns. Brent crude futures closed up...
Gold prices fell 3% on Friday (November 14th) due to a broader market sell-off, triggered by hawkish remarks from US Federal Reserve officials, which dimmed hopes of a December interest rate cut. Spot gold prices fell 1.9% to $4,092.72 an ounce,...
Both the STOXX 50 and STOXX 600 reversed early gains and closed down 0.6% and 0.8%, respectively, on Thursday, retreating from new record highs...
Gauges in Japan, South Korea and Australia all opened weaker, even as an index of the region was poised for its third gain in four weeks....
The US government is scheduled to reopen on Thursday (November 13) after the longest shutdown in US history that disrupted air traffic, cut food aid...
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of...