European stocks rise as rebound continues, while mining stocks react to fall in commodity prices

European equities rose on Friday, as the rebound continues from a selloff caused by inflation fears, with mining stocks being the major drag on stock-market indexes in Europe after a slight fall in commodity prices.

European equities are rebounding from days of declines since the beginning of the week, largely driven by U.S. inflation fears, with the Stoxx 600 now just 1.5% below the record high hit on Monday, before the selloff. “Technology stocks remain under pressure, but investors are turning to value stocks, which helped the broader market to recover,” said Milan Cutkovic, an analyst at Axi. “The fact that Europe’s stock indices are not dominated by technology stocks turned out to be an advantage in the current market environment.”

The London-listed mining giants added drag to the FTSE 100, with nonenergy minerals the weakest sector in the CAC 40 as well. Shares in Rio Tinto RIO, -1.81%, Glencore GLEN, -0.49%, Anglo American AAL, -0.09%, BHP BHP, -1.44%, and Antofagasta ANTO, -2.20% fell.Shares in U.K. enterprise software group Sage SGE, +2.82% rose 3%, after it posted half-year results with earnings-per-share ahead of analyst expectations. The group also guided that its margins would trend upward beyond 2021.

WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!

Hedge Funds are selling in preparation to StockMarket crash!

.markets .markets Ushiba $Ushiba

Do you think this is what people really need right now?

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

US stocks tumble as data shows inflation spiked higher than expected in AprilUS stocks fell Wednesday morning after data showed inflation measured by the Consumer Price Index rose 4.2% in April, the most since 2008. Many investors have seemingly moved to crypto, yet traders (day & swing) seem divided between options and futures. Every day is starting to look the same. Those that saw the massive gains in tech are taking profits.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

European stocks rebound from worst day in 2021, as U.S. futures remain negativeStocks in Europe inched higher on Wednesday, rebounding slightly from the worst trading day of 2021 as U.S. stock market futures remain set to open lower. Normally I don’t do this, I don’t praise people for any reason,truth be told good work deserve appraisal,I wound deny the fact that I’m super jealousy of your hard work and skill. I’m proud of you and what you do in the life of people we need more people like you Sharon_cryptofx Paywall
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

European stocks set to open higher as global markets reboundEuropean stocks are set to open higher to finish the week after Wall Street snapped a three-day losing streak on Thursday. When dogecoin reach $0.69 I will Giveaway 1500 doge to 2 Lucky person 1000 to 1st person 500 to 2nd To Enter: • FOLLOW ME 🚀dogeguru_uk • RETWEET THIS 🤓 • LIKE • Comment your wallet address for DOGE DogeArmy DogecoinRise Doge4Tesla DogeFam Dogefather
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Dow Falls 300 Points: Stocks Slip A Third Day After ‘Huge’ Inflation ReadingThe Dow fell 300 points: Stocks are falling for the third-straight day this week after the highly awaited consumer price index report showed a staggering rise in prices last month hello captain obvious about time they payed attention.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »