European Stocks Inch Higher to Start Second Quarter; Russia-Ukraine in Focus

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European markets made a cautious start to the second quarter on Friday, with talks between Russia and Ukraine continuing to guide investor sentiment.

European stocks are coming off their first losing quarter in two years after closing Thursday's session down 6.3% since the start of the year.

Peace talks between Russia and Ukraine have yielded little fruit thus far, with Kyiv and its Western allies remaining skeptical of Moscow's intentions and the legitimacy of its commitment to partial military pullbacks in northern Ukraine. LONDON — European markets nudged higher to start the second quarter on Friday, with talks between Russia and Ukraine continuing to guide investor sentiment.added 0.4% in early trade, with banks and retail climbing 1.3% to lead gains while oil and gas stocks slid 0.4%.climbed 6.6% to lead the Stoxx 600, recovering from Thursday's losses after pulling its quarterly results due to an auditing delay.

 

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European stocks set for muted open to start second quarter; Russia-Ukraine in focusEuropean markets are set for a cautious start to the second quarter on Friday, with talks between Russia and Ukraine continuing to guide investor sentiment.
Source: CNBC - 🏆 12. / 72 Read more »