News Formal

European stocks open marginally higher after European Central Bank cut

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 72%
  • Publisher: 72%

World Economy News

World Markets,FTSE MIB,CAC 40 Index

European stocks opened slightly higher on Friday, after closing at a record high during the previous session.

The pan-European Stoxx 600 ended Thursday at 524.75 points — just above its previous record close on May 15, according to LSEG data.

Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023.LONDON — was up 0.1% in early deals, with sectors trading in mixed territory. Tech stocks added 0.5% while mining stocks lost 0.3%. It followed the European Central Bank's decision to cut interest rates for the first time since 2019 in a widely expected move, despite. It takes the key bank rate in the 20-nation euro zone to 3.75%, down from a record 4%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
Source: CNBC - 🏆 12. / 72 Read more »