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On Friday, European financial stocks dived after a delayed vote on tax reform in America deflated a soar in the sector, thus forcing regional benchmarks to start December with a descend.
Euro zone stocks STOXXE headed south 0.6%, while Britain's FTSE that has been affected by a strong pound this week, edged down 0.1%.
Financials turned to be the biggest weight after the U.S. Senate postponed a vote on a tax reform bill, which traders consider to be beneficial for financial institutions.
Lloyds, BNP Paribas and Barclays brought the index down.
UK pharma company Indivior rallied 11.7% right after its opioid addiction medicine was officially approved by the US Food and Drug Administration.
Meanwhile, struggling French telecom company Altice, whose equities dived 59% in November after gloomy results, inched up 4.6% after the company told it would sell data center as well as Swiss telecoms businesses for the purpose of reducing its 50 billion euro debt pile.
On Wednesday, European equities surged due to the fact that Italian financial institutions rebounded on expectations that Rome could come to a compromise with Brussels over its budget plans…
On Wednesday, Asian equities kept rebounding following a steep dive on Wall Street overnight…
On Tuesday, American futures declined by 1% because a technology rout in the previous trading marathon provoked by fears over iPhone sales affected investors' appetite for high-surge companies…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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