Global Market: European Stocks Rise as Bond Selloff Eases; Investors Await U.S. Jobs Data
6 Articles
6 Articles
Global Market: European stocks rise as bond selloff eases; investors await U.S. jobs data
After three consecutive days of declines, European stocks rebounded on Thursday, fueled by a respite in the global selloff of government bonds. Investors are keenly anticipating upcoming US economic data, which might offer insights into future policy changes. While oil prices dipped, they remained high enough to keep inflation concerns alive, and individual company news saw notable movements in shares of Deutsche Telekom and Soitec.
European stocks rose in early trade today after three straight sessions of losses. The pan-European STOXX 600 index rose 1% to 646.15 points at 10:10 Greek time, after falling to a one-month low in the previous session. Regional indices were mixed. Germany's DAX rose 0.1%, Spain's all-stock index rose 0.3%, while France's CAC 40 fell 0.1%. Oil prices fell but remained above $90 a barrel, while eurozone bond yields fell from their recent highs. Α…
European Stocks Bounce Back as Bond Selloff Eases and Oil Retreats
TLDR European stocks rose Thursday after three straight sessions of losses The STOXX 600 climbed 0.2% to 646.96, recovering from a one-month low Soitec shares jumped 10% after raising its revenue growth outlook to 50% year-on-year Elliott Investment Management built a stake in Deutsche Telekom,...
European equities settled at the beginning of today's dealings on Thursday, after three consecutive sessions of losses, with the wave of sale of global bonds declining. Some equity indices in European markets changed the reading index: the amount of change (point) of the change (%) of Stokes Europ 646,600 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …
European markets opened mixed as investors assess the latest developments in energy markets, the path of inflation and the outlook for the eurozone.
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