Volatile week as investors assess recession prospects

LONDON — European markets closed sharply higher on Friday to end a volatile week, as investors around the world assessed recession inflation and fears of an economicion. The pan-European Stoxx 600 index closed up by 2.6% provisionally, its best day in more than three months, with tech shares adding 3.8% to lead gains as all … Read more

European stocks open to close as markets are rattled by central banks

LONDON — European stocks advanced on Tuesday after sharp declines in global markets on Monday, amid fears that central banks will be forced into aggressive monetary policy tightening with inflation remaining high. The pan-European Stoxx 600 added 0.7% in early trade, with banks climbing 1.7% to lead gains as all sectors and major bourses moved … Read more

European markets open to close, stocks, data, earnings

LONDON— European stocks tumbled on Monday as investor sentiment was dominated by the prospect of forthcoming interest rate hikes. The pan-European Stoxx 600 fell 2.2% by late morning, with tech stocks and autos shedding 3.8% to lead losses as all sectors and major bourses slid into negative territory. The slump in sentiment in Europe on … Read more

Europe markets open to close after ECB meeting; US inflation data ahead

LONDON — European stocks closed lower on Friday as investors reacted to the European Central Bank’s latest policy decisions and a hotter-than-expected US inflation print. The pan-European Stoxx 600 ended the day down 2.7%, with banks shedding 4.9% to lead losses as all sectors and major bourses closed in negative territory. The ECB on Thursday … Read more

European markets, data, earnings, US Fed

LONDON — European stocks were muted on Wednesday as investors prepare for the latest reading of US inflation on Friday. The pan-European Stoxx 600 hovered around the flatline in early trade, with retail stocks adding 1.8% while basic resources shed 0.7%. Credit Suisse shares fell more than 5% after the embattled lender warned that it … Read more

European stock markets today: Stoxx 600 down 2.8%

LONDON — European stocks on Monday fell to two-month lows as global investors fled risk assets en masse due to fears over inflation. The pan-European Stoxx 600 provisionally ended down 2.8%, hitting its lowest level since Mar. 8. Travel and tech shares led the losses, down 5.8% and 4.8% respectively, as all sectors and major … Read more

Open to close after Wall Street sell-off

The pan-European Stoxx 600 fell 1% in early trade, with retail stocks shedding 1.7% to lead losses as almost all sectors and major bourses slid into negative territory. Oil and gas stocks gained 0.8%. The Dow Jones Industrial Average plunged more than 1,000 points and the Nasdaq Composite fell nearly 5% on Thursday, erasing Wednesday’s … Read more

European markets head for higher open; Ukraine war remains in focus

LONDON — European stocks are expected to open higher Thursday as investors keep an eye on developments in the war between Russia and Ukraine. The UK’s FTSE index is seen opening 16 points higher at 7,636, Germany’s DAX 45 points higher at 14,392, France’s CAC 40 up 14 points at 6,638 and Italy’s FTSE MIB … Read more

ECB meeting, Russia-Ukraine on the agenda

The pan-European Stoxx 600 nudged 0.5% higher by mid-afternoon, with travel and leisure stocks gaining 2.5% while telecoms dropped 0.4%. The ECB kept its monetary policy unchanged but confirmed it will end its bond buying in the third quarter. Once the bond buying program is completed, the ECB is expected to begin hiking interest rates, … Read more

Investor sells stakes in German lenders

LONDON — European markets sank Tuesday morning as traders monitored heavy selling in the banking sector, and looked ahead to key central bank meetings and US inflation prints. The pan-European Euro Stoxx 600 index was down 1.2% in early deals, with the German DAX dropping 1.8% and the banking sector falling 2.3%. Reports on Monday … Read more