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European stocks flat as banks falls offset travel and leisure gains


3 Min Read
(Reuters) -European stocks ended flat on Wednesday, led by bank shares after central bank policymakers pledged to keep monetary policy loose despite recent signs of an uptick in inflation.
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 21, 2021. REUTERS/Staff
The pan-European STOXX 600 index was flat, with bank falls offsetting travel and leisure gains.
Stocks drifted higher earlier, holding near record highs after U.S. Federal Reserve officials reaffirmed a dovish monetary policy stance.
Similar comments from European Central Bank policymakers, including that it may be too early to discuss tapering of emergency bond purchases, helped equity markets in the region stabilize. ....

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European stocks flat amid pressure on bank stocks


European stocks flat amid pressure on bank stocks
Ford, M&S and tech stocks among the climbers, as Danone and Nordstrom fall
Wed, May 26, 2021, 18:55
The New York Stock Exchange in Manhattan: Federal Reserve remarks have helped calm inflation concerns. Photograph: Amir Hamja/Bloomberg
 
European stocks ended flat yesterday after central banks pledged to keep monetary policy loose despite recent signs of a rise in inflation.
Stocks drifted higher earlier in the day, holding near record highs after US Federal Reserve officials reaffirmed a dovish stance on monetary policy. Similar comments from European Central Bank (ECB) policymakers helped equity markets in the region stabilise, but bank stocks came under pressure as a result. ....

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London close: Stocks mixed at end of quiet Wednesday


London close: Stocks mixed at end of quiet Wednesday
Wed, 26th May 2021 16:18
(Sharecast News) - London stocks finished in a mixed state on Wednesday, as investors digested the latest comments from Federal Reserve officials and sifted through corporate news.
The FTSE 100 ended the session down 0.04% at 7,026.93, while the FTSE 250 was 0.9% higher at 22,640.08.
Sterling was heading in different directions as well, last trading 0.21% weaker against the dollar at $1.4123, while gaining 0.22% on the euro to €1.1576.
A bit of a dreich day for European equity markets, with nothing moving much at all, quipped Markets.com chief market analyst Neil Wilson, adding that all the main bourses traded flat. ....

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FTSE finishes flat despite positive US open | 26 May 2021


26 May 2021 | 16:32pm
StockMarketWire.com - The FTSE 100 was going nowhere fast on Wednesday, finishing broadly flat but and still comfortably above the 7,000 mark.
In the US the S&P 500 was up modestly, gaining 0.2% to 4,195.26 by 4.30pm UK time.
Private hospital group Spire Healthcare surged 26% to 243.5p on announcing that it had agreed to be acquired by Australia s Ramsay Health Care for £999.6 million.
Spire shareholders would receive 240p per share, a 24% premium to the company s latest closing price before the deal was announced.
Inhaled-treatment focused Vectura rallied 31% to 160.01p after it agreed to be acquired by by US investment firm Carlyle Group for about £958 million. ....

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