European stocks mint fresh record with bond yields under control

Up eight of the past 11 days, the Stoxx Europe 600 SXXP, +0.44% rose 0.3% to 437.84. That puts the index on track to finish at a closing record, above the 437.23 reached only last week.In the latest global fund manager survey from Bank of America, investors said a 10-year yield of 2.1% would trigger a 10% reduction in stocks. The yield on the 10-year Treasury BX:TMUBMUSD10Y was 1.62% on Thursday, ahead of the release of U.S.

Earnings season is under way, and while official results aren’t expected in Europe until next week, some companies are giving preliminary tallies. ABB ABB, +3.47%, the engineering group, rose 3% after saying it had a better-than-expected first quarter, “especially during the last weeks of March, and relates primarily to the short-cycle business. Quarterly demand is likely to have been supported by customer stock-building activities related to both component availability constraints and rising commodity prices in the industry.”

Publicis Groupe PUB, +3.69% rose 3%, as the advertising conglomerate said its organic revenue rose 2.8% in the first quarter and that it will climb as much as 10% in the second quarter. Deutsche Wohnen DWNI, +3.95%, a property company, jumped 6% after the German constitutional court ruled Berlin’s rent freeze was unconstitutional. Adler Real Estate ADL, -0.80% and Vonovia VNA, +0.55% each added 2%.

But USA stock market is going to hell day by day

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

World stocks hit record high as bond yields easeMost Asia-Pacific share indexes followed Wall Street higher, with Hong Kong's Hang Seng leading gains in the region, while benchmark US Treasury yields continued their decline.
Fonte: trtworld - 🏆 101. / 63 Consulte Mais informação »

European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Wall St Week Ahead Tech retakes market lead as investors eye yields, earningsU.S. technology and growth stocks have taken the market's reins in recent weeks, pausing a rotation into value shares as investors assess the trajectory of bond yields and upcoming earnings reports.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »

Stocks close mixed as regulators seek pause in Johnson & Johnson vaccineA choppy day of trading on Wall Street ended with indexes mixed Tuesday as a drop in bond yields hurt bank stocks but helped big technology companies. this is terrible news Attack on Israel -i Mossad spy center in northern Iraq ! Iraqi sources reported an attack on intelligence & special operations center of spy agency Mossad in northern Iraq.
Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »