European Stocks Close Slightly Weak After Cautious Session
European stocks ended on a slightly weak note on Tuesday, snapping a pretty good winning streak, as investors looked for fresh direction and made largely cautious moves.
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European stocks ended on a slightly weak note on Tuesday, snapping a pretty good winning streak, as investors looked for fresh direction and made largely cautious moves.
European stocks are likely to open mostly lower on Monday, though U.K. markets may rise led by energy stocks, tracking sharp gains in crude oil prices. Oil prices jumped nearly 5 percent in Asian trade after Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.
Wall Street inched higher ahead of an inflation update that markets hope might prompt the...
European stocks are likely to open higher on Friday, though the upside may remain capped somewhat after three Fed officials kept the door open to more rate hikes to lower high levels of inflation.
European stocks extended recent gains and closed on a firm note on Friday, and some major indices climbed to multi-week highs, as easing concerns about global banking crisis, and data showing a drop in eurozone consumer prices helped underpin sentiment.