News Formal

European stocks gain for third straight session

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 98%

Business News News

Business Business Latest News,Business Business Headlines

The Stoxx Europe 600 Index was up by 1 per cent although some analysts cautioned investors against complacency.

European stocks rose for a third straight session, with sentiment boosted by upbeat global economic data and bets that the Federal Reserve will reduce interest rates next month.

Equities are recovering after a rough start to August as resilient economic data calm concerns about a US recession. Figures on Wednesday showed easing US inflation, and were followed by encouraging data from Japan and China on Thursday.

 

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

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

European stocks fall as tech drags sentiment lowerThe pan-European Stoxx 600 index closes 0.5 per cent lower
Source: IrishTimes - 🏆 3. / 98 Read more »

European stocks rebound but Ryanair leads airline sell-offThe pan-European Stoxx 600 index closed 0.9 per cent higher, coming off a five-day losing run
Source: IrishTimes - 🏆 3. / 98 Read more »