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Tag Archives: United States

European markets open to close, data, news, earnings

Royal Mail falls 7.2% Royal Mail fell 7.2% in afternoon trade following a second day of strikes by U.K. postal workers. Shares of the former state postal monopoly fell close to the bottom of the Stoxx 600 after the second day of walkouts over pay. Royal Mail staff are planning …

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European markets react as U.S. sees rate induced sell-off

LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …

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UK vows to share vaccines, but details thin as G-7 meets

LONDON (AP) — Leaders of the Group of Seven economic powers are holding their first meeting of 2021 on Friday, and vowing to share coronavirus vaccines with the world’s poorest countries — though details of how soon and how much they will give remain scarce. Prime Minister Boris Johnson of …

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U.S. election results being watched closely

LONDON — European stocks advanced on Wednesday as investors around the world keep watch on the results of the U.S. election. Following a turbulent open, the pan-European Stoxx 600 was up by around 0.6% by late morning, with healthcare stocks jumping 3% while banks shed 1.8%. The results of the …

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