European Stocks Climb as Global Markets Look for Rebound; Stoxx 600 Up 1%

European stocks advanced on Friday as global markets looked to regain some ground after a bruising week, with investors assessing the outlook for inflation and interest rates.

U.S. Federal Reserve Chairman Jerome Powell said Thursday that he could not guarantee a so-called"soft landing" that tempers inflation without pushing the economy into recession. LONDON — European stocks advanced on Friday as global markets looked to regain some ground after a bruising week, with investors assessing the outlook for inflation and interest rates.added 1% in early trade, with banks climbing 1.9% to lead gains as all sectors and major bourses entered positive territory.

European markets fell on Thursday as investors remained concerned about slowing growth, interest rate hikes and, which sparked concerns that a path of aggressive interest rate hiking lies ahead. Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks set to climb as global markets reboundEuropean stocks are set to climb on Friday as global markets look to regain some ground after a bruising week. our independent fact checkers have rated this tweet as 'speculative' I’ll believe it when I see it Pumping rally to short from higher level. Gangsters paradise.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks Making the Biggest Moves After Hours: Disney, Bumble, Rivian and MoreThese are the stocks posting the largest moves in extended trading.
Source: NBCDFW - 🏆 288. / 63 Read more »

‘Meme’ and tech stocks are crashing, so how are experienced investors hanging on?Daily News | ‘Meme’ and tech stocks are crashing, so how are experienced investors hanging on?
Source: PhillyDailyNews - 🏆 89. / 67 Read more »

8 oil stocks that are still bargains for long-term investorsMany oil and gas companies are still trading cheaply to expected earnings. And low spending on new oil wells supports high energy prices for years to come. Which ones?
Source: MarketWatch - 🏆 3. / 97 Read more »

Treasury yields fall as stocks remain under pressureTreasury yields pulled back Thursday, as government paper found support on apparent save-haven flows as stocks continue to lose ground.
Source: MarketWatch - 🏆 3. / 97 Read more »

SoftBank reports record $27.5 billion loss on crashing tech stocksSoftBank’s mega tech funds lost more than $27 billion in the last fiscal year, by far their worst performance on record.
Source: cnni - 🏆 326. / 59 Read more »