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On Thursday, European equities followed Wall Street as well as Asian bourses lower in rather a muted response to the American Congress's approval of a long-awaited tax overhaul.
The STOXX 600 index lost 0.2%, with major European equities trading sideways.
Spain's IBEX headed south 0.4%, a bit worse than Germany's DAX as well as Paris CAC 40 that both tumbled 0.2%.
Financial experts are assured that financial markets will require time to digest the newly-approved US tax bill to find out which businesses will derive the greatest benefits.
Nokia reported the best performance of the STOXX 600, gaining 2.6% having announced a patent agreement with China's Huawei.
Meanwhile, Britain's Balfour Beatty posted a 2.4% soar after on Thursday it told that it had already agreed to have a 12.5% stake sold in M25 motorway operator Connect Plus for about 103 million pounds, thus pushing up this year’s revenue and making funds to pay down debt.
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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