European stocks higher; positive corporate earnings boost sentiment By Investing.com

Commerzbank stock rose 6.5% after the German lender lifted its profit guidance for this year, helped by beating fourth-quarter net income expectations.

On the flip side, Nestle stock slipped after the world's biggest food group reported weaker-than-expected full-year net profit despite passing on higher raw material costs by hiking prices for customers. Oil prices rose Thursday, as optimism over a recovery in Chinese demand overshadowed a surge in the U.S. crude inventories.Energy Information AdministrationAlthough this resulted in the stocks climbing to the highest level since June 2021, the EIA added that the hefty build was largely due to a data adjustment, which has diluted its impact.

Additionally, data released Thursday showed that China's January air passenger traffic rose 34.8% from a year earlier, suggesting that demand from the world’s largest importer of crude will bounce back relatively quickly after its decision to abandon its strict zero-COVID policy.

Brilliant news. All those people complaining they can't afford to eat or heat when in reality people are making millions. If only inflation was 20 or 30% stock markets would be double what they are now

Yall got double digits inflation….please behave🤣geez

READ: Fiat currencies are collapsing

Ponzi crap

Europe here. Recession is a myth

Canada Canada Latest News, Canada Canada Headlines

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

Asian stocks hit by tech rout as sticky inflation ramps up Fed fears By Investing.com⚠️BREAKING: *ASIAN-PACIFIC STOCKS SINK ACROSS THE REGION AS STICKY INFLATION RAMPS UP FED FEARS - 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳 hoteliercrypto apakah akan coupling bli? Scared money don’t make money Destination Fcked .
Source: Investingcom - 🏆 450. / 53 Read more »

U.S. stocks are falling after retail sales fuel rate fears By Investing.com⚠️BREAKING: *U.S. STOCKS OPEN LOWER AS UPBEAT RETAIL SALES FUEL RATE HIKE FEARS; DOW SHEDS 150 POINTS $DIA $SPY $QQQ 🇺🇸🇺🇸 Well...
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks rebound, Hong Kong leads gains on ‘Big Short’ bets By Investing.com⚠️BREAKING: *ASIAN-PACIFIC STOCKS MOSTLY HIGHER ACROSS THE REGION, HONG KONG LEADS GAINS AS TECH SHARES RALLY ON ‘BIG SHORT BETS - 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks to buy & stocks to short: Goldman Sachs strategyGOLDMAN SACHS: Here are 18 stocks to buy and 7 to short for maximum market upside as recession fears fade. Pro Tip - Short GoldmanSachs and any other CentralBank on a 2008 Style Crash. 🖕🏾😂🖕🏾 Bitcoin Fix This Printed Toilet Papers Mayhem . Not Financial Advice, Tip For Life.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market news today: Sticky inflation sends stocks scramblingUS stocks end volatile session mixed after inflation cools by less than expected
Source: BusinessInsider - 🏆 729. / 51 Read more »