European stocks closed higher on Tuesday, recovering from a slight decline in the previous session and hitting a two-month high, amid continued support from the prospect of increased government spending in Europe.
The euro zone STOXX 50 closed 0.4% higher at 5,450 and the STOXX 600 gained 0.7% to 554, supported by a strong session for pharmaceutical heavyweights. Consumer discretionary stocks pared some of the previous session's steep losses, with LVM, BMW and Kering rising between 4% and 1.5%. Banks were also mostly higher, led by BBVA, UniCredit and Intesa Sanpaolo up more than 1%.
Outside the currency bloc, Novo Nordisk jumped 4% on news that its CEO would step down. Vodafone, in turn, jumped 5.7% after the company announced a €2 billion share buyback program. In contrast, Swiss Life fell 0.4%, despite reporting higher fee income and increased premiums for the first quarter. (alg)
Source: Trading Economics
Asian stocks slipped at the open on Friday (November 7), following a choppy session on Wall Street. The MSCI Asia Pacific Index fell about 0.2%, led by losses in Japan, while South Korea and Australia...
European stocks closed sharply lower on Thursday after a brief uptick the previous day as investors weighed a fresh round of mixed corporate earnings and signs of higher unemployment in the US. The ST...
Strong evidence of a cooling US labor market rippled through Wall Street, spurring a rally in bonds as traders boosted their bets the Federal Reserve will cut rates in De...
European stocks opened lower on Thursday, as investors reacted to another flurry of corporate earnings. The pan-European Stoxx 600 was 0.3% lower 20 minutes into the session, with most sectors and ma...
Asian markets opened higher, following Wall Street's rebound. The Nikkei and Kospi jumped around 1% at the open, while US stock futures fluctuated after the Nasdaq 100 rose 0.7% and the S&P 500 ga...
Gold prices approached $4,000/oz on Friday (November 7th) after weak US jobs data reinforced expectations of an imminent Fed rate cut. Challenger job cuts nearly tripled in October—the largest increase in more than two decades—dampening optimism...
Hong Kong stocks fell 197 points, or 0.8%, to 26,282 in Friday's morning session, retreating after their biggest one-day gain since mid-August amid caution ahead of China's October trade data. Exports are expected to slow sharply after months of...
The Trump administration suspended docking fees for Chinese-built ships as part of a "trade truce" last month. The move has drawn criticism for weakening U.S. efforts to protect port access—so-called privileges—and increasing supply chain...
Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial...
The Institute for Supply Management (ISM) is scheduled to release its October Services Purchasing Managers' Index (PMI) on Wednesday. The report, a...
World markets kicked off November in an upbeat mood, riffing off buoyant company earnings and calmer trade relations while batting away OPEC's...
The ISM Services PMI rose to 52.4 in October 2025 from 50 in September, beating forecasts of 50.8, pointing to the strongest expansion in the...