Inflation in focus, stock moves

Inflation in focus, stock moves

Skyscrapers in the La Defense business and financial district in Paris, France, on Monday, June 3, 2024.  Bloomberg | Bloomberg | Getty Images Reaction to the historic French and U.K. elections dominated the start of the week, but attention has moved to a flurry of inflation data. On Thursday, the U.S. consumer price index declined … Read more

Europe markets rise as French stocks shrug off surprise election result

Europe markets rise as French stocks shrug off surprise election result

LONDON — European stocks ticked higher in morning trade on Monday, as markets reacted to an expected hung parliament in France after a surprise win for a left-wing coalition of parties. The French CAC 40 erased earlier losses to rise 0.2% by 8:35 a.m. London time (3:35 a.m. ET). The euro was flat against the … Read more

Goldman Sachs upgrades UK growth forecast after Labour election win

Goldman Sachs upgrades UK growth forecast after Labour election win

Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — Goldman Sachs on Friday upgraded its growth forecast for the U.K. after the Labour Party’s victory in the country’s general election. The investment bank said in a note released early Friday morning that it expected Labour’s … Read more

UK Labour landslide election victory

UK Labour landslide election victory

Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

UK Labour landslide victory, exit poll says

UK Labour landslide victory, exit poll says

An exchange trader at the Frankfurt Stock Exchange looks at his monitors. Boris Roessler | Picture Alliance | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

stocks, news, data and earnings

stocks, news, data and earnings

A Trader works on the floor of the New York Stock Exchange in New York City, June 24, 2024. Brendan McDermid | Reuters LONDON — European stocks were higher Wednesday, reversing negative sentiment seen in the previous trading session. Major European bourses were in green territory, with the pan-European Stoxx 600 last 0.56% higher at … Read more

stocks, news, data and earnings

stocks, news, data and earnings

LONDON — European stocks are expected to start the new trading week in mixed territory. The U.K.’s FTSE index is seen opening 23 points lower at 8,213, Germany’s DAX down 17 points at 18,160, France’s CAC 40 down 32 points at 7,602 and Italy’s FTSE MIB 69 points higher at 33,511, according to IG. European markets … Read more

stocks, news and UK inflation data

stocks, news and UK inflation data

Shoppers pass along the main high street in Whitstable, UK. Bloomberg | Bloomberg | Getty Images LONDON — European stocks moved lower on Wednesday, losing the positive momentum seen during the previous trading session. The Stoxx 600 index was down 0.18% by 8:22 a.m. London time, with all major bourses and most sectors in the … Read more

market news, data and earnings

market news, data and earnings

A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market.  Arne Dedert | Picture Alliance | Getty Images LONDON — European stocks opened higher Tuesday after a mixed start to … Read more

France weighs on Stoxx 600 index

France weighs on Stoxx 600 index

This picture taken in Paris on March 3, 2024 shows the silhouette of the Eiffel Tower and the city skyline against a cloudy weather. (Photo by Stefano RELLANDINI / AFP) (Photo by STEFANO RELLANDINI/AFP via Getty Images) Stefano Rellandini | Afp | Getty Images LONDON — European stocks tumbled on Friday, rounding off a choppy … Read more