European stocks rose on Thursday, with the Stoxx 50 rising 0.9% and the Stoxx 600 up 0.6%, led by food and beverage companies. The Stoxx Food & Beverage Index jumped 3.2% after Nestlé announced plans to cut 12,000 white-collar jobs, with an additional 4,000 roles to be eliminated over the next two years. German life sciences company Sartorius rose 9% after reporting a 7.5% rise in revenue and improved profitability for the first nine months of 2025.
Nordea Bank shares rose around 3% to a record high, supported by stronger-than-expected loan income, with mortgage and corporate loans up 6% year-on-year, driven by growth in Sweden and an acquisition in Norway. Whitbread, on the other hand, fell 10% following lower profit and growth figures. In France, investors welcomed political stability as the new government successfully survived a no-confidence vote. (alg)
Source: Trading Economics
US stocks rebounded, with the three major indexes closing near record highs on Thursday (October 23rd). The S&P 500 rose 0.6%, the Dow Jones Industrial Average rose 0.3%, and the Nasdaq Composite ...
European stocks closed in positive territory on Thursday as investors pored over earnings reports for clues about business activity and confidence in the region. The pan-European Stoxx 600 index clos...
European stocks rallied on Thursday, driven by the energy sector and mixed results from major companies. The Stoxx Europe 600 Index rose 0.2% in early London trading, with energy stocks leading the ga...
Asia-Pacific markets fell Thursday, tracking Wall Street's declines on concerns about U.S.-China trade relations. Trade fears resurfaced after Reuters reported Wednesday stateside that the Trump admi...
The Dow fell 320 points from yesterday's record close, the S&P 500 fell 0.4%, and the Nasdaq fell 0.9% as markets digested a mix of earnings reports and new trade risks after Reuters reported the ...
US stocks rebounded, with the three major indexes closing near record highs on Thursday (October 23rd). The S&P 500 rose 0.6%, the Dow Jones Industrial Average rose 0.3%, and the Nasdaq Composite added 0.9%. This was driven by upbeat corporate...
Oil prices surged about 5% to a two-week high on Thursday (October 23rd) after the US imposed sanctions on major Russian suppliers Rosneft (ROSN.MM) and Lukoil (LKOH.MM) over Moscow's war in Ukraine, prompting energy companies in China and India to...
Gold prices rose more than 1% on Thursday (October 23rd) after two consecutive sessions of declines, as resurgent geopolitical risks boosted demand for safe-haven assets and investors prepared for key US inflation data due on Friday. Spot gold...
According to a poll by Reuters, 115 of 117 economists have predicted that the Federal Reserve (Fed) will reduce interest rates by 25 basis points...
The Fed will meet on October 28-29, 2025. This meeting is crucial because the market still considers the possibility of an interest rate cut, but...
U.S. President Donald Trump said Monday he expects to reach a "fair trade deal" with Chinese President Xi Jinping and downplayed fears of conflict...
The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding...