Market Report - Europe Close
Europe close: Stocks moderately higher on hopes inflation may be peaking
European shares extended their recent gains on Wednesday on the back of weaker than expected inflation readings in China, Germany and the US.
Europe close: Fed minutes knock stocks lower
European were knocked sharply lower on Thursday after hawkish comments in US Federal Reserve meeting minutes hit US shares overnight.
Europe close: Indices mostly higher with cyclicals in the lead
European shares extended gains on Wednesday despite economic growth in the eurozone easing to a nine-month low in December as Covid-19 took its toll.
Europe close: Travel and banking names pace gains, Technology unloved
Travel and Leisure and banking stocks paced the advance in European equity markets on Tuesday, as investors punted on hopes that further curbs may not be needed to deal with the Omicron Covid variant.
Europe close: Stocks cling to gains in year's penultimate session
European shares managed to cling to positive territory on 2021’s penultimate day on Thursday, taking a cue from Wall Street’s sixth successive positive session overnight despite a continuing surge in Omicron cases.
Europe close: Shares dip below the line at end of quiet Wednesday
European shares dipped into negative territory by the close after a solid first half to the day on Wednesday, amid thin between-the-holidays trade with little corporate news and economic data to drive sentiment.
Europe close: Stocks firmer as Christmas cheer replaces Omicron fear
European shares finished in the green on Thursday in slow pre-Christmas trade, as market participants punted on hopes the ‘Omicron’ variant of Covid-19 would not overwhelm health systems and lead to further restrictions.
Europe close: Shares rally as food delivery companies gain
European shares ended the day firmly in the black on Wednesday after a lacklustre start, tracking gains on Wall Street, as food delivery stocks rallied.
Europe close: Stocks bounce back from Monday's sell-off
European stocks managed a positive close on Tuesday, after the previous session’s sell-off saw investors go bargain hunting, despite ongoing concerns over the Omicron variant of Covid-19.
Europe close: Stocks end higher, but off best levels
European shares extended gains on Thursday after an upbeat assessment of the US economy from Federal Reserve chairman Jerome Powell overnight and despite an unexpected hike in UK interest rates.
Europe close: Stocks slip ahead of Fed rate announcement
European shares finished mostly higher heading into the US central bank's rate decision scheduled for Wednesday evening.
Europe close: Stronger than expected US inflation data drags stocks lower
European shares finished in the red following a higher than expected reading on US wholesale prices the day before a Federal Reserve meeting where rate-setters were expected to lay out plans for a faster pace of tightening policy.
Europe close: Stocks drift lower as investors weigh up costs of new variant
European shares gave up tenuous morning gains on Thursday and slipped into the red for the most part as investors continued to monitor the efficacy of vaccines against the Omicron coronavirus variant.
Europe close: Stocks slip amid profit-taking
European stocks slipped on Wednesday amid profit-taking following the previous day's rally.
Europe close: Stocks extend rally, tech leads amid sharp drop in volatility gauges
European shares finished sharply higher as investors appeared to be continuing to punt on the new Omicron variant of the coronavirus not being as severe as first thought, although it was technology issues that investors were now seeking out.
Europe close: Stocks rise on latest Omicron update, slowing infections in Austria
European shares started the week on the front foot, helped by data out from South Africa showing much shorter hospital stays and an absence of any significant increase in in-hospital deaths in one of the main hospital complexes in Pretoria in comparison to the recent surge in the number of infections.
Europe close: Shares down on mixed US jobs report, Omicron concerns
European shares finished the week on a down note, weighed down by concern about the prospect for faster than expected interest rate hikes across the Pond and a much weaker than expected reading on the US jobs market for November.
Europe close: Stocks decline as Covid-19 worries weigh on investor sentiment
European shares fell back again on Thursday amid worries about the impact that Covid-19 restrictions across the Continent might have and with big declines on Wall Street the night before weighing on investor sentiment.
Europe close: Shares rally amid improved headlines around new Omicron variant
European markets continued their roller-coaster Omicron Covid-variant volatility ride on Wednesday but on this occasion upwards.