News Formal

Europe stocks higher as investors shake off negative sentiment; France's CAC 40 up 1%

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

News News

South Africa South Africa Latest News,South Africa South Africa Headlines

European markets opened higher Monday as investors shook off negative sentiment from last week.

LONDON — European markets were higher Monday as investors shook off negative sentiment from last week and looked ahead to the latest interest rate decision from the Bank of England.in early deals, with all major bourses and the majority of sectors in the green. Travel and leisure stocks led gains, up 1.6%, while mining stocks fell 0.3%.

France's CAC 40 rose 0.8%, recovering from some of last week's losses even as investors weigh the possibility of victory for the populist, far-right National Rally party, following French President Emmanuel Macron'sto call domestic parliamentary elections. The index fell more than 6.2% last week, marking its worst weekly loss since March 2022.

Investors are looking ahead to the Bank of England's policy rate decision on Thursday. The Bank is widely expected to hold rates steady at 5.25%, with the majority of Elsewhere, Italy releases its latest inflation print Monday. There are no major corporate earnings due.Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly

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:

 /  🏆 545. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Europe stocks slide after Macron calls snap election, France's CAC 40 slips 1.7%European stocks opened lower as traders digested initial results from the EU Parliament elections.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks slump after European vote, shock French electionEuropean stocks slump after European vote, shock French election
Source: Investingcom - 🏆 450. / 53 Read more »

European stocks lose steam after European Central Bank cutEuropean stocks moved lower on Friday, after closing at a record high during the previous session.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks open marginally higher after European Central Bank cutEuropean stocks opened slightly higher on Friday, after closing at a record high during the previous session.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
Source: CNBC - 🏆 12. / 72 Read more »