European stocks rise, led by «banks»

European markets rose on Tuesday, as investor nerves calmed after UBS’ takeover of rival Credit Suisse. The pan-European STOXX 600 rose 0.57%, while sectors acted as a green wall, with banks leading the gains, up 0.57%. Retail and mining stocks both rose about 1%. The German DAX index rose 0.93% to 15,071.63 points. The British … Read more

Futures contracts in the United States rose at the start of the week

Wall Street and European stock futures rose; As investors prepare for an action-packed week. Key events include the release of US consumer price data on Tuesday, which may confirm that the battle for inflation is far from over, dashing hopes for the Fed’s interest rate pivot. Contracts in the “Standard & Poor’s 500” rose by … Read more

European stocks rise as investors assess the easing of Chinese restrictions

European stocks rose in early trade on Wednesday and the FTSE 100 outperformed its peers after a long Christmas weekend as investors assessed Beijing’s steps towards reopening its Covid-hit economy. The STOXX 600 European shares rose 0.3 percent by 08:09 GMT, while the Financial Times 100 rose 0.9 percent, as commodity-related stocks and shares of … Read more