- August 9, 2024
- By: Admin1_blog
- EU Market, Indices
Sophie Kiderlin@in/sophie-kiderlin-b327b914a/@SKiderlin
LONDON — European markets rose slightly on open, a on Fridays they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher.
The pan-European Stoxx 600 was last 0.25% higher at 8:04 a.m. London time. Regional bourses and sectors were mixed. Mining stocks led gains and added 1.61%, while travel and leisure stocks rose 1.12%.
European markets
| TICKER | COMPANY | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|
| .FTSE | FTSE 100 | 8168.01 | 23.04 | 0.28 |
| .GDAXI | DAX | 17688.46 | 8.06 | 0.05 |
| .FCHI | CAC 40 Index | 7263.8 | 16.35 | 0.23 |
| .FTMIB | FTSE MIB | 31725.89 | -16.02 | -0.05 |
| .IBEX | IBEX 35 Idx | 10586.1 | 28.1 | 0.27 |
Global markets have been volatile, as they have tried to shake off Monday’s rout. The Stoxx 600 closed just above the flatline on Thursday after trading in negative territory throughout the session.
U.S. markets gained ground, with the S&P 500 notching its best day since November 2022 on Thursday after new labor market data eased concerns about the state of the world’s largest economy. This rebound came just days after the index recorded its biggest daily loss since September 2022 on Monday.
U.S. futures were slightly higher early on Friday, and Asia-Pacific markets on Friday followed Wall Street higher.
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Back in Europe, Hargreaves Lansdown and Lanxess are set to report quarterly earnings. On the data front, final July inflation prints are expected from Germany and Italy.
Source : cnbc
