Market Report - Europe Close
Europe close: Stocks rally late in the session, technology paces gains
A late spurt of buying saw stock market gauges across the Continent recover to finish on a mixed note, helped by the release of some significantly better-than-expected readings on the economy in Europe and from overseas.
Europe close: Travel names and banks pace rebound
Shares across the Continent finished higher with investors apparently cheered by some positive news on the pandemic front and snapping up shares of select travel names and lenders.
Europe close: Stocks drop heading into 4 July, banks lower
Stocks across the Continent reversed early gains amid selling in shares of banks and amid news that multiple US states pausing moves to ease lockdowns.
Europe close: Shares bounce but Covid-19 worries weigh on sentiment
Stocks on the Continent managed to reverse early losses after the European Central Bank moved to backstop demand for euros from other central banks as a precautionary measure.
Europe close: Stocks down after IMF cuts forecasts, Covid-19 cases rise
Stocks in Europe finished sharply lower after the International Monetary Fund slashed its forecast for global economic growth in 2020 and as investors assessed the risks around a possible second wave of Covid-19 infections around the globe.
Europe close: Stronger than expected PMI readings boost stocks
Better-than-expected readings on the euro area economy and reports of further government stimulus in the pipeline Stateside propelled shares higher on Tuesday.
Europe close: Stocks end moderately lower, Covid-19 outbreaks in focus
Stocks on the Continent finished lower on Monday but off their worst levels of the session as investors monitored news of higher Covid-19 case counts in the US, Germany, India and also China.
Europe close: Stocks end the week slightly higher
Following talks between US Secretary of State Mike Pompeo and his opposite number from China, Yang Jiechi, Beijing committed to following through on the phase one trade deal between the two countries.
Europe close: Stocks finish with modest losses
Stocks finished the Thursday session with moderate losses after the Bank of England opted for a less aggressive easing stance than some market participants had been hoping for.
Europe close: Stocks trim gains with Beijing Covid-19 outbreak in focus
Stocks finished modestly higher on Wednesday with some analysts crediting central bank support, even as investors kept a close eye on an outbreak of Covid-19 in Beijing and mounting numbers of new infections in the States.
Europe close: Stocks finish higher despite news of Covid-19 outbreak in Beijing
Stocks across the Continent extended their rebound in later afternoon trading stoked by news of further stimulus Stateside and after the release of a much stronger-than-expected reading on US retail sales.
Europe close: Stocks pare early losses to end only slightly lower
Europe's main stockmarkets finished the session mostly lower but well off their worst levels, managing to recover from early selling triggered by news of a fresh Covid-19 outbreak in Beijing and around Brexit.
Europe close: Stocks end the week with feeble bounce
Stocks across the Continent rebounding at the end of the week following the thrashing endured during the prior session - but only feebly.
Europe close: Shares hammered as investors mull risk of slower recovery
Stocks were pummeled after the US Federal Reserve forecast a prolonged recovery the night before and on the back of rising Covid-19 case numbers in the States even as some investors fretted about a potential second wave in the pandemic.
Europe close: Stocks slip amid profit-taking in travel sector
Stocks finished slightly lower ahead of the US central bank's policy announcement scheduled for later in the day and after the Organisation for Economic Cooperation and Development issued a dire forecast for world growth in 2020.
Europe close: Stocks dip amid trade tensions, valuations in focus
Stocks moved lower on Tuesday following reports that pointed to the risk of renewed trade tensions with the US and amid a fair bit of market commentary around stockmarket valuations.
Europe close: Stocks finish on a mixed note as investors pause for breath
Stocks across the Continent finished on a mixed note but off their session lows on Monday, led by gains for banks and in the oil patch, even as the World Bank forecast the biggest contraction in global GDP in per capita terms since the end of the Second World War.
Europe close: Historic US jobs report stokes buying
Stocks bounding ahead at the end of the week as US jobs data delivered a massive upside surprise even as investors awaited the result of the Organisation for Petroleum Exporting Countries' decision and that of its allies, on Saturday, on whether to extend their output curbs.
Europe close: Investors 'sell the news' as ECB and Berlin up stimulus
Stocks dipped on Thursday but finished off their lows of the session after the European Central Bank surprised markets with a larger-than-expected increase in its bond buying programme against the pandemic, known as PEPP.
Europe close: Stocks extend rally as lockdowns ease
Stocks across Europe extended their rebound on Wednesday with optimism about the easing of lockdown measures across the Continent offsetting still quite grim economic data.