European stocks continue positive tone; Continental soars

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European stocks continue positive tone; Continental soars

The reelection of Donald Trump as US president will dominate the thought process of markets, as investors assess the global implications of his return to power, particularly given the potential inflationary impact of some of his proposed policies.

Chancellor Olaf Scholz's decision to fire his finance minister, from coalition partner the Free Democrats, points to a vote of no confidence in January and possible snap elections in March.) stock soared over 7% after the German automotive supplier posted third-quarter core profit above expectations, even as it cut its sales guidance for the second time this year, with the German automotive supplier blaming weak demand from industry in Europe and North America.

 

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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.
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