European shares put in a modest bounce on Wednesday, with both stocks and bonds finding a bid following the steep losses seen in the previous session. “Stocks are in rebound mode today after Tuesday’s drop, as some of the stagflation concerns ease and bargain hunters pile in,” said IG chief …
Read More »Europe close: Stocks dip as UK moves into lockdown, Germany prepares to tighten restrictions
European markets slipped as the UK imposed its third national lockdown and Germany prepared to extend measures to stymie a surge of coronavirus cases. The pan-European Stoxx 600 was down 0.19% to 400.94, although London’s FTSE 100 was up 0.61% at 6,612.25. France’s CAC 40 slipped 0.44% to 5,564.60, and …
Read More »Europe close: Stocks take knife-edge US election results in their stride
European shares recovered from early morning drop to trade sharply higher, despite no clear outcome in the US presidential election as of yet and weak industry data across the euro zone suggesting a double dip recession. With the result of the White House vote still hanging in the balance and …
Read More »Europe close: Stocks caught in technology downdraft on Wall Street
European shares finished sharply lower amid continued heaving selling in tech stocks and more concerns about Britain’s belligerent stance on Brexit trade talks. The pan-European Stoxx 600 fell 1.15% alongside falls of 1.78% for the Ibex 35 and of 1.81% for the FTSE Mibtel. London’s FTSE 100 was down was …
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