European stocks rose Monday, as signs of economic progress offset worries about growing coronavirus cases in the U.S. as well as India. Up 2% last week, the Stoxx Europe 600 SXXP, +1.57% rose 1.6%. London-listed shares of HSBC Holdings HSBA, +4.82% and Standard Chartered STAN, +4.27% jumped, responding to the …
Read More »Europe Markets: Stocks in Europe edge lower ahead of Bank of England decision as virus fears linger
European stocks drifted lower Thursday, continuing a choppy week in which markets waver between optimism on signs of improving economic activity and worries that the coronavirus is still spreading. After two days of gains, the Stoxx Europe 600 SXXP, -0.15% slipped 0.4%. The German DAX DAX, +0.11% , the French …
Read More »Europe Markets: Stocks in Europe skid as reversal from rally continues
European stocks slumped Thursday in early trade, losing ground for a fourth session as traders looked for a new catalyst after the breathtaking rally from the depths of the coronavirus crisis. Up 32% from its March lows, the Stoxx Europe 600 SXXP, -2.59% skidded 2.5%. Decliners included airline Deutsche Lufthansa …
Read More »As Europe grapples with placing visitors in quarantine here’s what’s happening around the world
Travellers arriving in the U.K. will have to self-isolate for 14-days from Monday as the country looks to avoid a resurgence of coronavirus cases. Most countries around the world have adopted some form of controls – here are the details: Mandatory two-week quarantine policies are being used in other countries …
Read More »Europe Markets: European stocks tumble as China tightens its grip on Hong Kong
European stocks fell on Friday, with investors spooked by news that China will tighten control over Hong Kong with a new security law, sparking fears of fresh unrest and an added stress on Beijing and Washington relations. The Stoxx Europe 600 index SXXP, -0.73% fell 1.3% to 335.82 after a …
Read More »Germany and France propose $545 billion recovery plan as Europe girds for ‘recession of historic proportions’
The biggest economies in Europe are throwing their weight behind a 500 billion–euro ($ 545 billion) debt-backed plan to help the region recover from the devastating coronavirus pandemic. German Chancellor Angela Merkel and French President Emmanuel Macron jointly announced the plan, which will provide grants, rather than loans, for “the …
Read More »Europe Markets: European stocks rise at the open on lockdown-lifting optimism
European stocks rose on Monday on optimism over lockdown restrictions being lifted across the globe. The German DAX DAX, +0.36% rose 0.3% and the U.K. FTSE 100 UKX, +0.76% , after a three-day break, rose 0.8%. Stocks hit hard during the crisis including Virgin Money UK VMUK, +8.45% and CINE, …
Read More »