Market Report - Europe
Europe midday: Stocks move into the black
European stocks were heading higher for the most part in early afternoon trading as investors reacted to just released key US inflation data.
Europe open: Stocks start the day on a mixed footing
European stocks were trading mixed in the early part of the session as investors waited on key US inflation data due out later in the day.
Europe midday: Soft economic data, politics and corporate results weigh on stocks
Investors appeared to react with disappointment to a wave of corporate earnings in Europe, pushing the Stoxx 600 index down to levels not seen in nearly three months.
Europe open: Stoxx 600 at 11-week low as blue chip earnings disappoint
A wave of disappointing corporate earnings weighed heavily on European markets on Thursday, pushing the Stoxx 600 index down to levels not seen in nearly three months.
Europe midday: Shares down on luxury stocks, weak PMI data
European shares were lower on Wednesday, with luxury stocks under the pump as LVMH second-quarter sales growth missed consensus estimates and eurozone service and manufacturing surveys showing weaker readings.
Europe open: Luxury stocks weigh as LVMH Q2 disappoints
European shares opened lower on Wednesday as investors eyed eurozone manufacturing survey data and regional bank earnings, while luxury stocks were under the pump after LVMH second-quarter sales growth missed consensus estimates.
Europe midday: Stocks veer firmly into the black
Stocks in Europe had turned around to trade comfortably higher come midday, even as investors continued to monitor the headlines around the decision of US president Joe Biden not to run for re-election and its potential implications.
Europe open: SAP buoys DAX, most indices drift lower
Stocks in Europe began the session higher as investors continued to monitor the headlines around the decision of US president Joe Biden not to run for re-election and its potential implications.
Europe midday: Shares rally as Belimo, Rentokil boost Stoxx; Ryanair dives
European shares surged ahead at the end of the morning session on Monday as investors assessed the impact of US President Joe Biden’s decision not to contest the election in November, while Ryanair shares slumped on lower earnings and a warning that summer airfares would be softer.
Europe open: Shares up as investors mull Biden withdrawal
European shares opened higher on Monday as investors assessed the impact of US President Joe Biden’s decision not to contest the election in November.
Europe midday: Shares down as global IT outage hits all sectors using Windows
European stocks opened lower on Friday as a major technical outage involving Microsoft hit businesses around the world.
Europe open: Shares lower as investors mull ECB rate call; global IT outage
European stocks opened lower on Friday as a major technical outage involving Microsoft hit businesses around the world.
Europe midday: Shares hold gains ahead of ECB rate call
European shares held gains at midday on Thursday as investors turned their attention towards an interest rate decision from the European Central Bank.
Europe open: Shares rise as eyes turn to ECB rate decision
European shares opened higher on Thursday as investors turned their attention towards an interest rate decision from the European Central Bank.
Europe midday: Shares lower as EZ inflation falls; Accelleron spikes on guidance
European shares opened lower on Wednesday as investors digested the latest UK inflation figures which came in slightly higher than forecast, dampening hopes of a rate cut from the Bank of England, while shares in Danish hearing aid company Demant tanked after a profit warning.
Europe midday: Shares fall on weak Germany EZ data; Scor tanks on warning
European shares were lower on Tuesday as investors digested dovish remarks from US Federal Reserve chair Jerome Powell on interest rates, while shares in Scor tanked by a quarter as the French reinsurer issued a profit warning at its life & health business.
Europe open: Shares lower despite dovish Powell; Hugo Boss tanks
European shares opened lower on Tuesday as investors digested dovish remarks from US Federal Reserve chair Jerome Powell on interest rates, while shares in Hugo Boss fell sharply as the German fashion house cut annual sales guidance.
Europe midday: Stoxx down as weak China data hits sentiment, Burberry shares
European shares were lower on Monday, as traders analysed the impact of the attempted assassination of US presidential candidate Donald Trump on markets, along with weak China GDP data, while Burberry shares tanked after the luxury goods seller ousted its CEO and issued a profit warning.
Europe open: Shares down on weak China GDP; Ocado, Burberry tank
European shares opened lower on Monday, as traders analysed the impact of the attempted assassination of US presidential candidate Donald Trump on markets, along with weak China GDP data.
Europe midday: Stoxx up on rate cut hopes; Big US banks in focus
European shares were higher on Friday, with sentiment buoyed by an unexpected fall in US inflation that raised hopes of a rate cut in September.