European Shares Little Changed In Cautious Trade

RTTNews | 59天前
European Shares Little Changed In Cautious Trade

(RTTNews) - European stocks were little changed on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.

Media reports suggest that Iran is mulling blocking the Strait of Hormuz, a key artery for global oil and gas supplies being sent around the world from Middle East.

Other reports said that Iran may target one of several U.S. military bases located throughout the region.

Meanwhile, Israeli officials have signaled that the country is prepared to halt its military campaign against Iran if Supreme Leader Ayatollah Ali Khamenei ceases hostilities and seeks a resolution to the conflict.

The pan-European STOXX 600 was marginally higher at 53.77 after closing 0.1 percent higher on Friday.

The German DAX and the U.K.'s FTSE 100 were little changed with a positive bias, while France's CAC 40 edged down marginally.

In corporate news, technology investor Prosus NV rose over 1 percent after it swung into profit for the first time.

Sanofi was moving higher after an announcement that the European Medicines Agency's (EMA) CHMP has recommended approval of Sarclisa, in combination with lenalidomide, bortezomib, and dexamethasone (VRd).

Online trading platform Plus500 gained 1.3 percent after it received new regulatory license in Canada. Spectris soared 15 percent after Advent International announced a £3.8 billion all-cash deal to buy the British scientific instrument manufacturer at a significant premium.

read more
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
RTTNews | 5小时51分钟前
European Stocks Close On Mixed Note Again

European Stocks Close On Mixed Note Again

European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns. Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
RTTNews | 6小时7分钟前
Eurozone Consumer Confidence Weakens More Than Expected In August

Eurozone Consumer Confidence Weakens More Than Expected In August

Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews | 6小时56分钟前
U.S. Leading Economic Index Edges Down In Line With Estimates In July

U.S. Leading Economic Index Edges Down In Line With Estimates In July

A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
RTTNews | 8小时50分钟前
U.S. Existing Home Sales Unexpectedly Rebound In July

U.S. Existing Home Sales Unexpectedly Rebound In July

The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
RTTNews | 9小时1分钟前