Market Report - Europe Close
European shares pushed further into record territory on Friday with investors apparently brushing off data in the US showing quickening inflation.
European shares finished mostly higher on Thursday, buoyed by better-than-expected data out of the US.
European shares finished on a mixed note on Wednesday as US and eurozone central bankers maintained dovish positions on interest rates and British retailer Marks & Spencer pleased despite posting a hefty annual loss.
European shares were little changed on Tuesday even as investors cheered a strong reading on the closely-followed gauge of business confidence in Germany.
European stocks renewed their push higher at the start of the week helped by gains for technology stocks, albeit on the back of holiday-depleted trading volumes.
European shares were mostly higher at the end of the week and near record highs despite continuing worries about inflation.
European equities rebounded sharply from a sell-off during the previous session sparked by inflation fears.
European stocks slid from record highs on Wednesday after the People's Bank of China and the European Central Bank took aim at cryptocurrencies, adding to an already modestly risk averse mood.
European stocks finished on a mixed note on Tuesday, but off their worst levels, as investors cheered the ongoing relaxation of Covid-19 restrictions and positive earnings updates from across the Pond.
European shares were mostly lower on Monday, albeit only slightly, as the UK lifted more Covid-19 pandemic restrictions, despite worries about the India variant of the virus.
European shares ran up on Friday, tracking gains on Wall Street despite slightly weaker-than-expected readings on economic activity in the US.
European shares found their footing more or less on Thursday, helped by relatively benign economic data out in the States but only after a couple of sessions of heavy selling.
Positive corporate earnings helped keep a bid in European stocks even as investors' worries over rising inflation in the US materialised in the form of a much higher than expected inflation print for April.
European shares fell back on Tuesday, tracking continued selling on Wall Street amid concern over rising US inflation and what some analysts said was fairly indiscriminate selling.
European stocks were mostly higher on Monday, with British stocks the main exception as the pound moved above $1. 41 for the first time since February.
European shares continued pushing higher on Friday, boosted by strong US markets, an upbeat outlook from sportswear maker Adidas and reports that UK aerospace engineer Meggitt could be a takeover target.
European markets finished mostly higher as investors cheered strong earnings from Societe Generale and others.
European stocks rallied on Wednesday with a commodity price boost for miners and positive Eurozone data providing impetus for investors.
European stocks finished sharply lower as the head of the US Treasury said some interest rate hikes may be necessary as government spending ramps up.