European Stocks Close On Mixed Note After Cautious Session

RTTNews | Pred 10 dňami
European Stocks Close On Mixed Note After Cautious Session

(RTTNews) - European stocks turned in a mixed performance on Monday with investors mostly making cautious moves with their focus on EU - US trade negotiations and corporate news.

According to reports, EU leaders are preparing for a showdown over U.S. tariff threats, pressing the European Commission to prepare countermeasures, including tariffs on U.S. goods, restrictions on digital services, and limits on public procurement access.

The pan European Stoxx 600, the U.K.'s FTSE 100 and Germany's DAX crept up 0.01%, 0.05% and 0.02%, respectively. France's CAC 40 ended down 0.25%. Switzerland's SMI closed down 0.38%.

Among other markets in Europe, Belgium, Finland, Iceland, Ireland, Russia, Spain, Sweden and Turkiye closed higher.

Denmark, Greece, Netherlands, Norway and Poland ended weak, while Czech Republic and Portugal closed flat.

In the UK market, mining stocks gained thanks to firm iron ore prices. Antofagasta, Endeavour Mining, Fresnillo, Anglo American Plc and Glencore gained 3 to 5%. Rio Tinto climbed 2.75%.

Marks & Spencer, Sainsbury (J), SSE, Centrica, Tesco, United Utilities, Phoenix Group Holdings, Severn Trent, Mondi, Natwest Group, Barratt Redrow, Easyjet, Lloyds Banking Group and Land Securities also ended notably higher.

Shares of precision engineering group Hunting Plc. are up more than 3% after the company said it has secured a $31 million order for Black Sea gas project.

BAE Systems, Informa, Diageo, LSE, Haleon, Kingfisher, WPP, Bunzl and Melrose Industries lost 1 to 2%.

In the German market, BASF, Puma, E.ON, Vonovia, RWE, Daimler Truck Holding, Commerzbank, BMW, Deutsche Bank and Infineon gained 1 to 2.3%.

Bayer found some support after announcing that it has secured EU approval for Nubeqa as third indication for metastatic hormone-sensitive prostate cancer.

Fresenius Medical Care, Rheinmetall and Sartorius closed lower by 1.3 to 1.6%. Zalando, Deutsche Boerse and Merck ended moderately lower.

In the French market, ArcelorMittal rallied nearly 4.5%. Vivendi advanced 2.3%, while Unibail Rodamco, STMicroElectronics and Veolia Environment gained 1.1 to 1.5%.

Stellantis tumbed, weighed down by the company's warning that it expects to report a €2.3 billion net loss for the first half of 2025. However, the stock recovered and ended with a gain of about 1.5%.

Publicis Groupe, Teleperformance, Hermes International, Thales, Danone and Capgemini lost 1 to 2%.

read more
Japanese Market Notably Lower

Japanese Market Notably Lower

Reversing the gains in the previous session, the Japanese market is notably lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 40,700 level, with weakness in financial and technology stocks partially offset by gains in exporters and automaker stocks.
RTTNews | Pred 42 minútami
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,700 level, with weakness across most sectors led by energy and technology stocks.
RTTNews | Pred 44 minútami
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

Despite a decent spell in positive territory till about an hour before noon, the Switzerland market turned weak and kept drifting lower as the session progressed on Thursday to eventually settle with a moderate loss.
RTTNews | Pred 8 h 31 min
U.S. Consumer Price Growth Matches Estimates In June

U.S. Consumer Price Growth Matches Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in June after inching up by an upwardly revised 0.2 percent in May.
RTTNews | Pred 11 h 50 min
German Unemployment Rises In July

German Unemployment Rises In July

Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.
RTTNews | Pred 12 h 33 min
U.S. Jobless Claims Inch Up Less Than Expected To 218,000

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. Economists had expected jobless claims to rise to 224,000.
RTTNews | Pred 12 h 41 min