On Wall Street in the week ahead, the stock markets would be guided by key economic data such as US retail sales and factory output among others. The holiday-shortened week will also see few big earnings such as IT and consulting services firm Accenture and supermarket chain Kroger. Economic events […]
European stocks
European stocks slumped as investors worried about the potential impact of rising political risk in France. The Stoxx Europe 600 Index slipped 1.3% by 3:34 p.m. in London. France’s CAC 40 Index sank 2%. The country’s bonds also declined, driving yields over safer German peers to the highest level in […]
European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after US Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.5% by 9:20 a.m. in London, after rallying by the most in five weeks on Wednesday […]
European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.8% by 2:24 p.m. in London, after rallying by the most in five weeks on Wednesday as […]
European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.9% by 11:47 a.m. in London, after rallying by the most in five weeks on Wednesday as […]
European stocks advanced ahead of a crucial day for markets as the Federal Reserve will provide updated rate projections a few hours after a key US inflation print. The Stoxx Europe 600 Index rose 0.3% at 8:04 a.m. in London. Banks and insurers led the gains, while among individual movers, […]
European stocks rose to a session high after the US reported slower-than-estimated inflation, encouraging traders that the Federal Reserve is likely to lower interest rates later this year, just hours before the central bank provides updated rate projections. The Stoxx Europe 600 Index jumped 1.0% at 1:46 p.m. in London. Rate-sensitive real […]
European stocks rose after the US reported slower-than-estimated inflation, encouraging traders that the Federal Reserve is likely to lower interest rates later this year, just hours before the central bank provides updated rate projections. The Stoxx Europe 600 Index gained 1.1% at the close in London. Rate-sensitive real estate and technology led […]
US stocks declined on Tuesday as investors await crucial inflation data and the Federal Reserve’s policy decision. The consumer price index (CPI) report for May and the conclusion of the Fed’s two-day policy meeting will be announced on Wednesday. As of 10:01 a.m. Eastern, the Dow Jones Industrial Average fell […]
The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s June monetary policy decisions along with consumer inflation data and economic projections. The US central bank is widely expected to hold interest rates steady. Stronger-than-expected jobs data for May released on Friday has fuelled […]