News Formal

Tech Stocks Lead European Market Rebound Amidst Economic Uncertainty

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 53%

Finance News

TECH STOCKS,EUROPEAN MARKET,INTEREST RATES

European shares made a comeback on Thursday, led by tech stocks, following a two-day decline fueled by concerns over U.S. economic issues and France's political and economic challenges. Trading was light with the U.S. market closed for Thanksgiving. The tech sector experienced its best performance in a week, with chip stocks gaining after Bloomberg reported potential easing of U.S. restrictions on China.

-Tech stocks spearheaded a rebound in European shares on Thursday, after a two-day slump fuelled by worries over potential U.S. tariffs and France's economic and political challenges, with investors now closely watching inflation reports for clues on the future trajectory of interest rate cuts.index was up 0.4% to 507.23 points. Trading volumes were expected to be light with the U.S. market shut for Thanksgiving holiday.

France's blue-chip index also regained some lost momentum, gaining 0.5%, after sliding to August lows in the previous session.Sentiment eased after European Central Bank President Christine Lagarde told the Financial Times a global trade war would be"in nobody's interest". French Prime Minister Michel Barnier's government faces an uncertain future, as his struggle in securing approval for the 2025 budget in a polarized parliament make it increasingly likely that his fragile coalition will collapse.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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 markets edge lower as mining stocks lead losses; UK housebuilder Vistry down 15%European markets were slightly lower on Friday, as investors reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European markets higher as oil and gas stocks lead gains; Dettol-maker Reckitt Benckiser up 10%European markets were higher on Friday, starting November on a positive footing as traders await an all-important U.S. jobs report.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Energy, tech stocks boost European shares at openEnergy, tech stocks boost European shares at open
Source: Investingcom - 🏆 450. / 53 Read more »

European markets fall as mining stocks lead losses; UK housebuilder Vistry down 19%European markets were lower on Friday, as investors reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

European stocks surge higher, following US lead as Trump nears victoryEuropean stocks surge higher, following US lead as Trump nears victory
Source: Investingcom - 🏆 450. / 53 Read more »

Wall Street stocks end lower after inflation data, tech stocks push Nasdaq downWall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Source: Investingcom - 🏆 450. / 53 Read more »