News Formal

Europe stocks open higher, head for best week since March after central bank pauses

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United States News News

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

European markets opened higher Friday, continuing the week’s rally as investors assess the interest rate outlook.

European stock markets opened higher on Friday, rounding off a weekly rally powered by a series of solid earnings and a perceived dovish tilt by central banks.opened 0.3% higher led by autos stocks, up 1.1%. The index gained 1.6% on Thursday, and is heading for its best week-on-week performance since the end of March, according to LSEG data.after the Federal Reserve on Wednesday held rates and markets raised bets that the central bank has hit peak rates and cuts are on the horizon.

The investment bank updated its"conviction list – directors' cut" stocks to buy in Europe in an Oct. 31 note, describing it as"a curated list of our most differentiated fundamental Buy ideas across our European coverage."Should an investor go for bonds or stocks in the near to medium term?Stocks rallied after the U.S.

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:

 /  🏆 288. in US
 

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

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

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

Europe stocks to open higher, head for best week since March after central bank pausesEuropean markets were on course to open higher Friday, continuing the week's rally as investors assess the interest rate outlook.
Source: CNBC - 🏆 12. / 72 Read more »