European indexes climb as the morning progresses after opening largely in the red. More defensive stocks--those viewed by investors as less sensitive to economic downturns--rally, with a basket of healthcare stocks rising 1.5%, while a food-and-beverage gauge is up 2%. The Europe-wide Stoxx 600 is…
By Johann M Cherian and Tharuniyaa LakshmiEuropean shares edged higher on Thursday as gains in defensives countered a slide in AI-related stocks, while investors awaited a key U.S. employment report for clues on interest rates.The pan-European STOXX 600 index TVC:SXXP was up 0.2% at 640.70 points…
EUROPE IN THE GREEN, TECH FALTERSEuropean shares are just about higher on Thursday, with the region relatively well insulated from a global decline in tech stocks.Europe's smaller tech hardware sector has meant it has missed out on the supersized rally that has gripped traders in Tokyo, Seoul and W…
European indexes are mixed in muted early trade as a global slide in technology stocks bleeds into Europe. Luxury and consumer staple stocks strengthen, with the Europe-wide Stoxx 600 trading flat. Semiconductor-related stocks drag the AEX down 0.45% in Amsterdam, as ASML drops 2.2% while BE Semico…
European shares slipped on Thursday, tracking a sombre mood in global markets as AI stocks came under pressure, while investors awaited a key employment report out of the United States to gauge the path for interest rates.The pan-European STOXX 600 index TVC:SXXP slipped 0.1% to 638.27 points by 07…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening flat to slightly higher on Thursday amid eased inflation and interest-rate concerns.Brent crude prices slid to nearly $70 a barrel for the first time since the days leading up to the start of the U.S.-Iran war after Qatar said th…
INVESTORS ROTATE INTO BANKS, SOFTWARE AS CHIP STOCKS TAKE A BREATHERThe main U.S. indexes ended modestly red in choppy trading on Wednesday as investors parsed Federal Reserve Chair Kevin Warsh's comments that inflation risks had eased.Warsh also said he will stick firmly to the U.S. central bank's…
CHIP STOCKS RETREAT AFTER RUN AS INVESTORS ROTATEWall Street's main indexes are mixed with just modest changes in early trade on Wednesday as fresh U.S.-Iran tensions cast doubt on peace in the Middle East, marking a cautious start to the second half of 2026.Tehran said it would not meet with top U…
MORE ECB'S LAGARDE: CONDITIONS THAT LED TO STAGFLATION IN THE 1970'S ARE NOT IN PLACE NOW; EU UNEMPLOYMENT NEAR A RECORD LOW
MORE ECB'S LAGARDE: I REGRET HAVING BEEN BOUND AND COMPELLED BY FORWARD GUIDANCE
ECB PRESIDENT CHRISTINE LAGARDE AT SINTRA CONFERENCE: WE RAISED RATES BECAUSE WE HAD THE PERFECT MONETARY POLICY CIRCUMSTANCES TO DO SO
INFLATION GIVES ECB MORE TIME, AND PERHAPS A REASON TO STOP HIKESThe ECB raised rates last month to get ahead of an expected inflation bump due to the Iran war, but analysts and economists are split on whether they'll need to raise rates more following the latest inflation figures from the euro zon…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were mixed on Wednesday as uncertainty prevailed over the progress of U.S.-Iran peace negotiations and investors waited to hear from Federal Reserve Chairman Kevin Warsh and ECB President Chritine Lagarde at the annual European Central Bank Forum…
By Johann M CherianEuropean shares slipped on Wednesday, as signs that peace talks between Iran and the United States hit a new stalemate spurred caution after a strong finish to the second quarter.The pan-European STOXX 600 index TVC:SXXP slipped 0.1% to 640.79 points by 0825 GMT after logging its…
CAUTIOUS START TO THE QUARTERAfter hitting its latest record high on Tuesday, Europe's STOXX 600 TVC:SXXP nudged lower on Wednesday as worries over the prospect of lasting peace between the U.S. and Iran and questions about the interest rate outlook kept investors on edge.Traders will therefore clo…
U.S. futures for the S&P 500 were down 0.4% and futures for the Dow Jones Industrial Average declined 0.4%. Changes in futures do not necessarily predict movements after the opening bell.In Europe, the Stoxx Europe 600 dropped 0.4% in morning trading. Redcare Pharmacy climbed 3% and Renault added 2…
European indexes start the second half of the year largely in the red. Banking and utilities stocks fall, though defense stocks gain as the Europe-wide Stoxx 600 slips 0.5%. London's FTSE 100 falls 0.4% amid weakness in housing and mining stocks, while Associated British Foods slides 3.15% after a…
European shares slipped on Wednesday, pausing after a strong finish to the second quarter and amid caution over signs that peace talks between Iran and the United States hit a new stalemate.The pan-European STOXX 600 index TVC:SXXP slipped 0.3% to 639.64 points by 0710 GMT after logging its stronge…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening broadly lower on Wednesday as investors weigh U.S.-Iran tensions and await key U.S. economic data for additional clues on the outlook for U.S. monetary policy.American and Iranian officials are in Qatar, but Iran said it would no…
By Danilo MasoniLower crude prices following the Iran ceasefire are improving the near-term outlook for European equities, but many remain unconvinced this heralds a rotation away from the U.S. after several years of AI-driven earnings growth.The shift follows a drop in crude prices to near pre-war…
