Jump in Europe virus cases hits shares after sharp weekly rally
4 years, 1 month ago

Jump in Europe virus cases hits shares after sharp weekly rally

Live Mint  

European shares edged lower on Friday as surging coronavirus cases compounded fears of the damage to the bloc's economy in the coming winter months, although the benchmark index was still on track for its second straight week of gains. "For all the optimism about a successful vaccine, the reality is that a possible candidate was never likely to be able to stop what is currently playing out across Europe in terms of a sharp rise in coronavirus infections and hospitalisations," said Michael Hewson, a market analyst at CMC Markets UK. German Health Minister Jens Spahn said it was too early to say whether restrictions imposed last week would need to be extended beyond November, while French Prime Minister Jean Castex said there would be no easing for at least two weeks. In company news, French power group EDF gained 0.3% as it showed signs of improving performance in the third quarter, while German property group Deutsche Wohnen rose 1% after its third-quarter earnings update.

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History of this topic

Europe Stocks Slip; Investors Await Regional Manufacturing Data
4 months ago

Europe Stocks Slip; Investors Await Regional Manufacturing Data

Live Mint  

-- European stocks slipped from Friday’s record close as investors awaited manufacturing data from the region, the first reports in a week heavy with economic statistics. Real estate gained after Morgan Stanley said the sector is now attractive and property portal Rightmove Plc got a takeover offer. The European benchmark has rallied for the past four straight weeks, the longest …

Global Market Update: Dow, S&P 500 slump, US Treasury yields hit 16-year high
1 year, 3 months ago

Global Market Update: Dow, S&P 500 slump, US Treasury yields hit 16-year high

Live Mint  

Global Market Update: The Dow and S&P 500 were lower on Monday with utilities falling sharply, Nasdaq barely changed as investors weighed the likelihood that the Fed will hold interest rates higher for longer. Majority of US stocks fell alongside oil-and-gas stocks, with 85% of S&P 500 stocks dropping, but gains for Apple and some other influential Big Tech stocks …

Shares rise across Europe as traders return from long weekend
1 year, 8 months ago

Shares rise across Europe as traders return from long weekend

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares in London rose on …

Global shares hit by jittery banks ahead of US payrolls
1 year, 9 months ago

Global shares hit by jittery banks ahead of US payrolls

Live Mint  

Global stocks languished at two-month lows on Friday ahead of Wall Street's opening bell as Silicon Valley Bank shares came under fresh pressure, and investors waited to see how U.S. nonfarm payrolls could shape Federal Reserve thinking on rates. The yen erased earlier losses on the Bank of Japan keeping stimulus settings steady, while the dollar eased against the Swiss …

ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip
2 years, 6 months ago

ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip

Business Standard  

European stocks climbed on Monday with the pan-European Stoxx 600 index adding 0.6 per cent. The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent.Led by FMCG and financials, the BSE Sensex gained 327 points, or 0.72 per cent, to settle at 53,235. The …

European rate rise plans and Shanghai Covid measures drag back markets
2 years, 6 months ago

European rate rise plans and Shanghai Covid measures drag back markets

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 plunged lower …

Markets fall on tough day for travel and energy stocks
3 years ago

Markets fall on tough day for travel and energy stocks

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 added to …

European stocks fall as healthcare, construction sectors drag
4 years, 2 months ago

European stocks fall as healthcare, construction sectors drag

Live Mint  

European shares fell for a third straight session on Wednesday, as losses in healthcare and construction stocks countered a lift from encouraging earnings from consumer giant Nestle and telecoms equipment maker Ericsson. The pan-European STOXX 600 fell 1.0%, in sharp contrast to Asian markets and Wall Street futures that steadied on hopes of a fresh U.S. stimulus package. Most European …

Weak earnings from banks, automakers knock European stocks lower
4 years, 5 months ago

Weak earnings from banks, automakers knock European stocks lower

Live Mint  

European shares fell on Thursday as dismal earnings reports and weaker-than-expected German GDP data took the shine off the U.S. Federal Reserve's vow to keep stimulus taps open to shore up a coronavirus-ravaged economy. Britain's Lloyds Banking Group fell 8.9% as it swung to a rare pretax loss in the first half of 2020, while Spain's BBVA dropped 5.9% as …

European shares flat ahead of EU summit, Ericsson soars after earnings
4 years, 5 months ago

European shares flat ahead of EU summit, Ericsson soars after earnings

Live Mint  

European shares were little changed on Friday, with stocks trading in a narrow range as focus turned to Brussels where European Union leaders are expected to hammer out details of a 750-billion-euro recovery fund. Euro zone stocks slipped 0.2% after rallying earlier this week to highest since early March, mostly on hopes that an EU-wide fund to support the pandemic-stuck …

Amsterdam stock exchange rallies on Covid-19 hopes
4 years, 9 months ago

Amsterdam stock exchange rallies on Covid-19 hopes

NL Times  

The Amsterdam stock exchange index, AEX, has today recovered nearly half of its losses since falling from its highs in mid-February. The rally comes as European stocks climbed for a second consecutive day as the markets began pricing in data suggesting that the spread of Covid-19 is slowly being brought under control. The rally suggests a glimmer of hope as …

European stocks falter again as bounce on Wall Street fades
4 years, 10 months ago

European stocks falter again as bounce on Wall Street fades

CNN  

Hong Kong/London CNN Business — Global stocks are struggling to get back on track one day after novel coronavirus fears and an oil price war sparked a worldwide panic. The mood among investors was initially helped by news of President Donald Trump’s plan to propose “significant relief” in the form of a payroll tax cut and help for hourly workers …

Coronavirus, oil prices forces sharp drop on Amsterdam stock exchange
4 years, 10 months ago

Coronavirus, oil prices forces sharp drop on Amsterdam stock exchange

NL Times  

With reporting by Janene Pieters. A mass selling of stocks triggered by the increasing spread of coronavirus Covid-19 combined with sharply falling oil prices resulted in stock markets across Europe crashing on Monday morning. Amsterdam's AEX fell over 7.6 percent within the first 45 minutes of Monday's trading, compared to Friday's close, before a slight rebound. The rapid selling was …

FTSE 100 and other global stocks plummet again on coronavirus fears
4 years, 10 months ago

FTSE 100 and other global stocks plummet again on coronavirus fears

CNN  

Hong Kong / London CNN Business — Global stock markets plummeted for a seventh consecutive day on Friday as the coronavirus continued to spread, increasing fears that the epidemic will wipe out corporate profits and push some of the world’s biggest economies into recession. China’s Shanghai Composite closed down 3.7%, bringing losses forthe week to 5.6%, the index’s worst performance …

Stocks slide to two-week low on China virus fears
4 years, 11 months ago

Stocks slide to two-week low on China virus fears

Al Jazeera  

Crude prices dropped below $60 a barrel for the first time in nearly three months, while gold prices surged. Crude oil prices dropped below $60 a barrel for the first time in nearly three months, while gold prices surged one percent to a nearly three-week high before paring gains. Benchmark United States Treasury yields fell to lows last seen in …

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