European stocks mint fresh record with bond yields under control

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

European stocks log fresh highs as bond yields behave

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%.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

But USA stock market is going to hell day by day

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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.
Herkunft: trtworld - 🏆 101. / 63 Weiterlesen »

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,...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

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.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

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.
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »