Stay updated with breaking news from Ac 40. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
European stocks may open flat to slightly lower on Wednesday as investors react to earnings from big tech companies and await the Federal Reserve's latest monetary policy announcement.
European stocks traded higher on Tuesday as investors digested mixed regional data and looked ahead to key Fed and BOE meetings this week for directional cues. The pan-European STOXX 600 rose 0.
The CAC-40 surged more than 1.5 percent amidst strong gains in the luxury sector triggered by upbeat results declared by luxury brand LVMH. A larger-than-expected jump in the consumer confidence indicator also boosted sentiment.
European stocks are up in positive territory on Friday, with the French market outperforming its peers thanks to widespread buying thanks to data showing a jump in consumer confidence in January.
Market sentiment remains tethered to anxiety about the European Central Bank's monetary policy decision due on Thursday..