European Stocks Extend Gains as Soft US Data Drive Fed Optimism

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6 BillionIncreasingly Wild Weather Worries California’s Grid OperatorThe Dollar’s Rally Falters as Signs of Cooling Ease Fed FearsYemen’s Houthis Say US and UK Have Carried Out Deadliest StrikeHess Shareholders Approved Chevron Takeover by Slim MajorityTexas Utility Stock Powers Past Nvidia in 300% AI-Fueled RallyHuggies Owner Kimberly-Clark Exits Africa’s Most Populous MarketSummer interest rate cut could prompt rebound in consumer spending: expertsThe Daily Chase: Bank earnings season...

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Markets today: Stocks extend gains after consumer sentiment dataStocks extended gains after data showed U.S. consumers tempered inflation expectations in late May, which bodes well for prospects of U.S. Federal Reserve rate cuts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

European Stocks Erase Gains as US Data Thwarts Rate-Cut BetsEuropean stocks lost momentum after US business activity accelerated amid a pickup in inflation that will likely keep Federal Reserve rate cuts at bay.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: European stocks extend record on earnings strengthEuropean stocks rose to a fresh record as a clutch of solid company reports provided evidence that the earnings recovery is filtering through to a wider swathe of the economy.
Source: BNNBloomberg - 🏆 83. / 50 Read more »