European stocks edged higher on Wednesday as investors looked to a ceasefire between Israel and Iran as a sign of easing tensions.
The pan-European STOXX 600 index (.STOXX), was up 0.2% at 542.12 points, as of 0704 GMT. Other major regional indexes were also trading higher, except for Spain's (.IBEX), which fell 0.3%.
A truce brokered by U.S. President Donald Trump between Iran and Israel appeared to be holding on Wednesday, a day after both countries signaled that their air war was over, at least for now.
Trump's Middle East envoy said late Tuesday that talks between the U.S. and Iran were "promising" and that Washington hoped for a long-term peace deal.
Oil prices edged up on Wednesday, finding some relief after falling in the previous two sessions. European auto stocks (.SXAP), opens new tab led sector gains with a 1.2% gain, while defense stocks (.SXPARO), opens new tab gained 0.9%. Media stocks (.SXMP), opens new tab fell 0.6%.
Stellantis (STLAM.MI), opens new tab rose 3.4% after brokerage Jefferies upgraded the automaker to "buy" from "hold".
In focus is a NATO summit later in the day, where defense spending will be a key focus. Investors will also await testimony from U.S. Federal Reserve Chairman Jerome Powell before the Senate on Wednesday. (alg)
Source: Reuters
Asia-Pacific markets rose Thursday following a tech rally overnight on Wall Street that lifted the S&P 500 and Nasdaq Composite, even as growing fears around the economy weighed on equities. Japa...
Wall Street ended mixed on Wednesday as tech strength offset broader market weakness, with investors weighing a favorable antitrust ruling for Google against signs of labor market softening. The S&am...
European shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had sparked risk-off sentiment in the previous session. The contin...
A rally in the world's largest tech companies drove stocks higher as bonds rebounded after weak jobs data validated wagers the Federal Reserve will resume cutting rates i...
European stocks traded higher on Wednesday, with the STOXX 50 up 0.7% and the STOXX 600 gaining 0.4%, rebounding after a 1.4% drop in the previous session. On Tuesday, equities retreated as concerns ...
Asia-Pacific markets rose Thursday following a tech rally overnight on Wall Street that lifted the S&P 500 and Nasdaq Composite, even as growing fears around the economy weighed on equities. Japan's benchmark Nikkei 225 rose 0.57% in early...
Japanese stocks are trading higher, supported by positive overnight cues from the U.S. and a decline in Treasury yields. The Nikkei Stock Average is up 0.9% at 42308.62, helped by technology and financial stocks. Mitsubishi UFJ Financial is 1.1%...
Oil steadied after falling by the most in a month as traders fretted that OPEC+ may boost supplies, US data pointed to a slowdown, and an industry estimate showed higher stockpiles at a key storage hub. West Texas Intermediate traded near $63...
Sepanjang pekan terakhir, pasar komoditas mencatat pergerakan yang dinamis, khususnya pada logam mulia dan minyak mentah. Harga perak bertahan...
European bourses opened September in positive territory, with both the STOXX 50 and STOXX 600 rising nearly 0.3% after modest gains in August....
In his first press conference in a week, President Donald Trump dismissed rumors of his death circulating on social media. In a casual tone, Trump...
The US Bureau of Labor Statistics (BLS) will release the Job Openings and Labor Turnover Survey (JOLTS) on Wednesday. This publication will provide...