European stock markets are set to open higher Friday, rounding off a weekly rally powered by a series of solid earnings and a perceived dovish tilt by central banks.gained 1.6% on Thursday, and the index is heading for its best week-on-week performance since the end of March, according to LSEG data.after the Federal Reserve on Wednesday held rates and markets raised bets that the central bank has hit peak rates and cuts are on the horizon.
A potential recession, high inflation levels and uncertainty around energy markets are just some reasons why investors are steering clear of Europe right now – but Goldman Sachs remains positive on a number of stocks in the region. Advancing stocks outnumbered declining issues by almost 9-1 on the New York Stock Exchange versus about 7-2 on the Nasdaq. Total volume of shares traded on both markets was about 15% above the past month's daily average.
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Source: CNBC - 🏆 12. / 72 Read more »