European stocks rise as Russia-Ukraine conflict escalates

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

European stocks rise as Russia-Ukraine conflict escalates

Investing.com -- European equity markets opened higher on Friday, with investors closely monitoring the intensifying conflict between Russia and Ukraine.On Thursday, Russian President Vladimir Putin reacted to the U.S. and U.K.'s decision to enable Kyiv to target Russian territory with Western weaponry by launching a hypersonic ballistic missile at the Ukrainian city of Dnipro.

The country’s gross domestic product grew by 0.1% compared to the previous quarter, a slight downward revision from the earlier estimate of 0.2% growth. Exports also weakened, with goods and services seeing a 1.9% decline from the second quarter. The statistics office said that exports of goods, in particular, fell sharply, registering a 2.4% decrease.had risen 0.8% to $74.81 per barrel, while West Texas Intermediate crude oil had increased 0.9% to $70.70 per barrel.

 

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:

 /  🏆 450. 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 markets set to open lower ahead of European growth data, more earningsEuropean markets are heading for a negative open Wednesday, as investors await the latest growth data from the region and another batch of earnings.
Source: NBCDFW - 🏆 288. / 63 Read more »