European Stocks Hit New Records
I'm PortAI, I can summarize articles.
European stocks reached new record highs, with the STOXX 50 up 0.6% to 6,050 points and the STOXX 600 around 611 points. A weaker US core inflation rate of 2.6% alleviated fears of delayed Fed interest rate cuts. Positive sentiment was bolstered by Republican lawmakers' support for Fed Chair Jerome Powell amid a criminal investigation. Notable stock gains included Ørsted (+5.6%), SAP (+2.4%), and Eni (+2.0%), while Saint-Gobain (-4.4%) and Vinci (-3.7%) were among the biggest losers.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments