By Dow Jones Newswires StaffGlobal stocks rose and the dollar weakened as a risk-on turn prompted by Thursday's cool jobs data continued to ripple through markets.The U.S. economy added fewer jobs than investors had anticipated in June, prompting a strengthening in U.S. Treasurys and a weaker green…
RECORDS ON REPEAT FOR THE STOXXEurope's STOXX 600 hit yet another record high early in Friday's session - after notching several of those earlier in the week. It is now hovering around those record levels, up 0.26% on the day, and on track for its biggest weekly rise since mid-May.Utilities (.SX6P…
By Johann M CherianEurope's benchmark STOXX 600 hovered near a record high on Friday and was set for its biggest weekly gain in over a month, underpinned by gains in cyclical stocks and as investors pushed back expectations for an imminent U.S. interest rate hike.The pan-European STOXX 600 TVC:SXXP…
In the U.S. markets were closed.In Europe, the Stoxx Europe 600 gained 0.5% in morning trading. Aalberts added 4.3% and A.P. Moeller-Maersk B rose 3.5%. On the other hand, EQT slipped 1.9%, and Redcare Pharmacy lost 1.7%. The FTSE 100 added 0.3%. Other stocks in Europe were up as France's CAC 40 in…
Blue-chip European indexes all rise in opening trade as tech stocks rebound and industrials gain. The Europe-wide Stoxx 600 rises 0.5%, extending a record close in the last session. Recovering metals miners help London's FTSE 100 add 0.4%. The French CAC 40 is up 0.4%, helped by a 1% gain for energ…
Europe's benchmark STOXX 600 hit a record high on Friday and was set for its biggest weekly gain in over a month, underpinned by gains in cyclical stocks and as investors pushed back expectations for an imminent U.S. interest rate hike.The pan-european STOXX 600 TVC:SXXP was up 0.5% at 651.52 point…
EUROPE BEFORE THE BELL: FUTURES JUMPEuropean equity futures are up on Friday as a week of record highs for markets across the continent draws to an end.Euro STOXX 50 futures EUREX:FESX1! are up around 0.5% and DAX futures BMFBOVESPA:DAX1! are 0.7% higher. Futures on the CAC (FCEc1) and FTSE XFFIc1>…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are set to open higher on Friday as soft U.S. jobs data spurred traders to pare rate hike bets.Overnight data showed U.S. jobs growth slowed sharply in June, and the two prior months' data were revised lower, raising expectations that the Fed wil…
MORE ECB'S LAGARDE: 'IT'S POSSIBLE' THAT I COULD PROVIDE A 'EUROPEAN VOICE' IN THE FRENCH PRESIDENTIAL POLITICAL DEBATE'
MORE ECB'S LAGARDE: I BELIEVE THE CAPTAIN OF THE ECB SHIP MUST STAY ON BOARD; MY TERM RUNS UNTIL OCTOBER 2027
MORE ECB'S LAGARDE: 'I HONESTLY DON'T KNOW' IF WE WILL TIGHTEN AGAIN
MORE ECB'S LAGARDE: WE CONSIDERED LOWERING OUR GROWTH FORECASTS BUT NATIONAL CENTRAL BANKS SEE SUFFICIENT SIGNS OF GROWTH
MORE ECB'S LAGARDE: SECOND-ROUND INFLATIONARY EFFECTS HAVE YET TO MATERIALISE, BUT WE ARE KEEPING A CLOSE EYE ON IT
ECB PRESIDENT CHRISTINE LAGARDE TO LES ECHOS: WE ARE CONFIDENT THAT WE MADE THE RIGHT CHOICE IN RAISING RATES IN JUNE
AAII SENTIMENT SWINGS FROM HOPE TO HESITATIONInvestor sentiment took a notably cautious turn this week, according to the latest American Association of Individual Investors (AAII) Sentiment Survey.After showing more optimism in the prior week, individual investors became much less upbeat about the…
SOFT ROCK: A PAYROLLS DEEP DIVEThe June employment report managed to be weaker than expected, but also reassuring.The U.S. economy added 57,000 jobs last month, (USNFAR=ECI), or 48.2% shy of consensus.Adding insult to injury, the number marks a 55.8% slowdown from May, which was revised sharply dow…
WHY FOREIGNERS LIKE UK EQUITIES RIGHT NOWEuropean, and UK, equity markets haven't seen the same steep, fast-paced tech-fuelled gains as some other regions around the world. In large parts, that can simply be explained by the fact that there there just aren't as many tech, chip, and AI-exposed heavy…
GERMAN REFORM PACKAGE OFFERS GLIMMER OF HOPEAfter being unceremoniously dumped out of the World Cup by Paraguay, Germany finally has something to cheer.It might not be as glamorous as the Jules Rimet trophy but Germany's ruling coalition has finally unveiled a package of reforms that analysts belie…
By Mike DolanWhat matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsThe U.S. jobs report will clearly dominate the day ahead for markets, but there's been a hefty pullback in red-hot chip stocks around the world as the second half of the year gets underway.G…
European equities' artificial intelligence-focused rally could broaden into industrial and luxury stocks, UBS analysts write. Re-shoring of industrial capability, government support and brightening economic conditions will all help a wider pool of European stocks perform, the analysts write. Europe…
