European equities extended gains for a fourth consecutive session on Thursday, with both the STOXX 50 and the STOXX 600 rising nearly 0.2% to fresh record highs.
The advance reflected a broadly positive market sentiment following the resolution of the US government shutdown. After the House of Representatives approved the funding bill, President Trump signed it into law and reopening the government. Investors also focused on a series of corporate updates.
Shares of Merck surged almost 7%, making it one of the top performers on the STOXX 600, after the company reported operating earnings that exceeded market expectations. Deutsche Telekom climbed 1.3% after raising its 2025 guidance once again.
ASML Holding gained 1.6%, Hermès added 1.3%, and L'Oréal rose 1.1%. Conversely, Siemens shares fell 4.1% after the company posted stronger revenue but reported a decline in net profit that came in below analysts' estimates.
Source: Trading Economics
Asia-Pacific markets mostly rose Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared poised to reopen as soon as the end of the week. Japa...
US stocks rallied, with the Dow surging 410 points to a new record high, while the S&P 500 and Nasdaq posted modest gains, as confidence grew that the prolonged government shutdown would end this ...
US stocks were higher on Wednesday, with the S&P 500 and Nasdaq each up 0.2%, while the Dow Jones gained 250 points to notch a new record high. Sentiment was buoyed by optimism that the governmen...
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 remain...
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...
Global supply continues to surge as production from the OPEC+ bloc has resumed production cuts, while non-OPEC producers such as the US, Brazil, and Canada are actively adding capacity. For example, reports suggest that global supply growth could...
Gold remains supported by growing market expectations for monetary policy easing by the Federal Reserve, as investors doubt whether the data released after the government shutdown will support the economy. With US interest rates potentially...
Gold prices rose on Thursday, hitting a more than three-week high, on expectations that the U.S. government reopening would increase debt levels, while delayed economic data could bolster the case for a Federal Reserve rate cut next month. Spot...
Global financial market optimism has increased after the latest data indicated a strong chance that the Federal Reserve (The Fed) will cut interest...
Fed increasingly fractured over Dec rate cut
Federal Reserve officials are growing increasingly fractured over whether to cut interest rates in...
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment,...
Lawmakers returned to Washington on Tuesday (November 11th), after a 53-day recess, facing crowded airports across the country for a vote that could...