European stocks News
U.S. traders appeared to shrug off the first charges related to a probe of possible Russian interference in last year`s U.S. election.
European equities dipped, with French shares, which hit 9 1/2-year highs on Friday, underperforming the wider market.
Asian markets rose for a second day Wednesday on hopes that authorities will unveil fresh stimulus to counter the effects of Britain`s shock vote to leave the European Union.
US and European stocks rose sharply on Tuesday, making their first gains since Britain`s unexpected vote to quit the EU, while the pound rebounded as investors returned to jittery markets.
Asian stock markets resumed their losses Tuesday morning, extending another sharp sell-off in Europe and New York that was fuelled by Britain`s shock decision to tear itself away from the EU.
Stock indexes worldwide tumbled on Monday, led by banking stocks in Europe and technology stocks on Wall Street on persisting fears of a global economic slowdown, while benchmark 10-year Treasury yields hit their lowest in a year on demand for assets deemed less risky.
European stocks suffered another round of losses Monday, while US equities finished higher following a late-session rally in oil prices.
European stock markets tumbled Tuesday with carmakers and miners in freefall on the worsening Volkswagen scandal and a bleak outlook for China`s economy, dealers said.
Gold edged down on Monday to just above a one-month low, as European stocks rose ahead of a Federal Reserve policy meeting that will be scrutinized for clarity on when the U.S. central bank will raise interest rates.
Europe`s main stock markets rallied Tuesday on upwardly revised eurozone economic growth data and gains in Shanghai, dealers said.
European stock markets fell on Thursday, weighed down by concerns over the health of China`s economy and sliding oil prices.
European shares sank Wednesday, with the mining sector hit by renewed concern over China and after disappointing earnings figures from US technology giants Apple, Yahoo and Microsoft.
European stocks rebounded slightly Wednesday, despite heavy losses in China, on optimism over the Greek crisis after European leaders slapped Athens with a deadline to submit new bailout reform proposals.
European bank stocks and borrowing costs for Italy, Spain and Portugal bore the brunt on Monday of financial markets` fright at the growing risk that Greece will leave the euro.
European stock markets advanced on Thursday as traders awaited the outcome of yet more talks between Greece and its creditors.
Spot gold was down 0.1 percent at $1,183.70 an ounce, while US gold futures for August delivery fell 40 cents to $1,183.70.
European stock markets rose further on Tuesday, building on the previous day`s sharp rally on hopes of there finally being a deal over Greece`s bailout.
The pan-European FTSEurofirst 300 index rose 0.7 percent, including gains for Spanish and Italian stocks.
Investors brushed off increasing worries about Greece`s future in the eurozone after talks between the bloc`s Eurogroup of finance ministers fell apart Thursday.
"European equities are trading moderately lower this morning after yesterday`s rally had come to an abrupt halt on the back of reports that the IMF has halted negotiations with Greece due to a lack of progress," said analyst Markus Huber at brokerage Peregrine & Black.
Loading...