European stocks trade near record high while crypto volatility hogs the spotlight

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

European stocks inched up on Monday to near record territory, as the market focus continued to be on the volatility in the cryptocurrency space.

The Stoxx Europe 600 SXXP, -0.00% inched up 0.1% to 444.79, near the closing high of 445.39. German and Swiss markets were closed in observance of Whit Monday. U.S. stock futures ES00, +0.41% were higher.“We’ve seen crypto come under criticism from the billionaire Elon Musk, the Chinese national government, and now even top religious institutions with comments form the pope,” said David Grider, lead digital asset strategist at Fundstrat.

Ryanair RY4C, -0.27% shares eased 0.1%. A Ryanair flight from Greece to Lithuania was forced to land in Belarus over an alleged bomb scare, at which point the country arrested an opposition activist. The European Council said it would begin discussing sanctions against Belarus over the incident. Ted Baker TED, -1.17% shares slipped, after the clothing retailer delayed its full-year results, citing the consequence of disruption caused by COVID-19 on the audit processes. Ted Baker said the 2020 results would be in line with forecasts and that it is reiterating 2023 financial targets.

Information-technology services firm Kainos KNOS, +2.12% rose 4%, after reporting a 122% rise in adjusted earnings per share on a 31% rise in revenue in the year ending March 31.

 

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

$UVXY markets blowing up come mess up there derivatives model get in pre split

good

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:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines