LONDON — European stock markets look set to open higher Wednesday, maintaining positive momentum and with U.S. news in focus. Globally, investors will be poring over California-based chip designer Nvidia‘s results to see if it can meet high Wall Street expectations after a stellar first quarter. The company’s shares have soared nearly 200% this year...
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Europe stocks higher; Ubisoft rises 6% on restructured Microsoft-Activision deal
LONDON — European stock markets were higher Tuesday after posting cautious gains to start the week. The Stoxx 600 index was 0.68% higher in early trade, with all sectors higher bar oil and gas, which dipped 0.1%. Technology stocks led the pack, gaining 1.78%. French game publisher Ubisoft Entertainment rose 6% after Microsoft said it would divest...
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European stocks higher; FTSE 100 up 1.6% and pound falls as UK inflation cools
UK property firms climb following inflation data Shares of U.K. housebuilders were higher after cooler inflation data led markets to trim bets for peak rates, to 5.75% from 6%. At one point markets were pricing in a peak of up to 6.5%. Property firm British Land topped the Stoxx 600 index, rising by 8.2%. Property...
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Europe stocks open lower as momentum wanes; China GDP misses expectations
Europe markets: Here are the opening calls European stocks look set for a gloomy start to the week’s trading, with Germany’s DAX seen opening 88 points lower at 16,020, according to IG data. The U.K.’s FTSE 100 is seen 43.5 points lower at 7,397, and France’s CAC 40 56.5 points lower at 7,322. — Jenni...
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Europe stocks open lower at end of winning week
Burberry reports higher sales as China demand rebounds Luxury British retailer Burberry reported an 18% rise in sales revenue for the quarter ending July 1, as earnings season gets underway. Sales in Europe, the Middle East, India and Africa were up 17%. But its biggest successes came in Asia, with mainland China sales up by...