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Stock Market News (US Open) – European luxury brands benefit on LVMH results; major Wall Street indices reach all-time highs

Posted on October 10, 2017 at 3:16 pm GMT

At 1507 GMT, the pan-European Stoxx 600 index was trading 0.1% down on the day but still not far away from the near 12-week high of 391.09 that was recorded last week. The blue-chip Euro Stoxx 50 was deeper in losses, being down by 0.4%. The Spanish IBEX 35 traded 1.2% lower as European markets were getting near the day’s close, performing the worst among major blue-chip indices in Europe. Carles Puigdemont, the president of the government of Catalonia, is scheduled [..]

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Stock Market News (US Open) – European stocks reverse losses; Wall Street main indices mixed

Posted on September 8, 2017 at 2:11 pm GMT

As Friday’s trading progressed, most indices in Europe reversed earlier losses, with some even trading in the green not long before European markets close for the weekend. The Stoxx 600, a broader gauge of European equities, was last up on the margin. This compares with the 0.4% fall that was recorded in the morning when the index was at its lowest. The closely watched FTSE 100 was last 0.5% down. It’s been a bad week for the UK’s blue-chip index, [..]

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Stock Market News (US Open) – World equities trade higher as investors await Jackson Hole key speeches

Posted on August 24, 2017 at 1:57 pm GMT

All major bourses traded higher during European trading hours with the three main US indices also advancing, in a light-volume market. The pan-European STOXX 600 rose 0.54%, while the blue chip STOXX 50 gained 0.61%. The Dow Jones Industrial Average advanced 0.16%, the S&P rose 0.18% and the Nasdaq Composite gained 0.27% after the market opened. Investors will be analyzing events at Jackson Hole, most notably keen to get updates from Mario Draghi and Janet Yellen, both due to speak [..]

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Stock Market News (US Open) – Central banks drive equity sentiment as markets plunge into red territory

Posted on August 17, 2017 at 1:52 pm GMT

As a result of the dovish-perceived minutes from the latest meeting of both the Federal Reserve and the European Central Bank, European equities were looking to close the day lower, following suit of their Asian peers, while US stocks fell after the market opened. The Dow Jones slid 0.24%, the S&P 500 fell 0.32%, while the Nasdaq Composite dropped 0.37%. The pan-European STOXX 600 fell by 0.18% ahead of US trading while the blue chip STOXX 50 was 0.20% lower. [..]

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Stock Market News (European Open) – European equity rally comes to halt as Asian stocks end day lower

Posted on August 17, 2017 at 9:11 am GMT

Equity indices across major European bourses opened lower, following their Asian peers that ended the day with a loss. The pan-European STOXX 600 index fell 0.15% while the blue-chip STOXX 50 index dropped 0.21%. The HANG SENG declined by 0.08% and Australia’s S&P/ASX200 slid 0.10%. In Japan, the Nikkei 225 finished the day 0.14% lower. A lower probability of another interest rate hike in the US this year, based on the minutes from the latest Federal Reserve meeting led European banks [..]

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Stock Market News (US Open) – European equities in doldrums as geopolitical woes continue, US retailers plummet

Posted on August 11, 2017 at 1:52 pm GMT

Woes among European equities continued during the day as political tensions failed to dissipate. The pan-European STOXX 600 extended its losses by 1.10% with the Italian FTSE MIB index underperforming other indices on the old continent by falling 1.47%. In the US, the main indices opened higher following the dollar weakening ahead of US trading on inflation disappointment. The Dow Jones index rose 0.17%, the S&P 500 was up 0.07% and the NASDAQ Composite rose 0.12%. Sentiment for European stocks [..]

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