European stocks were higher on Wednesday, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.4%, extending gains from the previous two sessions to reach fresh record highs. Investor sentiment remained supported by optimism over an imminent US government reopening and rising expectations of additional Fed rate cuts, as traders continued to monitor corporate updates.
Shares of Infineon Technologies jumped 2.2% after the company forecasts its revenue will return to growth in the 2026 fiscal year. RWE added 3.5% after reporting higher-than-expected profits for the first nine months of the year, and Bayer rose 1.7% after posting better-than-expected profit.
Meanwhile, shares of LVMH increased to €639.40, the highest since March 2025 and stocks for Intesa Sanpaolo hit all-time high of €5.91. On the other hand, E.ON lost 1.5% although the company confirmed its outlook for 2025.
Source: Trading Economi
Asian markets moved mixed on Wednesday. Japan's shares edged lower, while Australia and several other indices gained. The Nikkei 225 fell 0.26%, but the Topix rose 0.35%. In South Korea, the Kospi was...
The S&P 500 rose 0.3% and the Dow Jones Industrial Average jumped 630 points to a new record high, while the Nasdaq Composite Index fell 0.3% as investors shifted from technology stocks to blue-ch...
US stock indices were muted on Tuesday amid fresh labor market concerns and continued skepticism on whether AI valuations are warranted by fundamentals. The S&P 500 and the Nasdaq 100 inched lowe...
Stocks in Europe were higher on Tuesday, with the STOXX 50 adding 0.5% and the STOXX 600 rising 0.6%, extending gains from the previous session, amid further signs the end of the US government shutdow...
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment, sparking a cross-asset rally from commodities to cryptoc...
The US currency remained near a five-month high after US employment data posted a surprising increase, with private sector employment increasing by about 42,000 in October, exceeding economists' expectations of 28,000. This increase reinforces the...
Gold (XAU/USD) trades little changed on Wednesday, consolidating gains near a three-week high as investors adopt a wait-and-see approach ahead of a crucial US congressional vote to end the record-long government shutdown. At the time of writing,...
Oil prices fall, markets look to US government reopening Oil prices fell nearly 1% on Wednesday, weighed down by oversupply in the market, while expectations that an end to the longest-ever U.S. government shutdown could boost oil demand curbed...
Global financial market optimism has increased after the latest data indicated a strong chance that the Federal Reserve (The Fed) will cut interest...
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment,...
The longest government shutdown in U.S. history could end this week after a compromise that would restore federal funding cleared an initial Senate...
Global stock markets rallied at the start of the week amid growing optimism that the US government shutdown will soon end. S&P 500 futures rose...