S&P and Dow demonstrate record maximums
On Friday, the S&P 500 along with the Dow demonstrated record maximums for the second straight day…
European shares stand still as miners weigh
On Wednesday, European stocks started intact, suppressed by a dip in mining shares and underpinned by a big soar for Ericsson, right after a trader purchased a stake in the telecoms equipment company.
The STOXX 600 index slumped 0.02%, euro zone blue chips gained 0.1%. As for the FTSE, it added 0.2%, underpinned by a weaker sterling that declined after a new survey showed the UK risks a hung parliament following an upcoming June 8 election.
Ericsson went up 4%, thus leading STOXX gainers, right after Cevian Capital purchased a stake of more than 5%, telling it saw considerable potential in the Swedish company.
Cellnex turned to be another strong gainer after a Bloomberg data stressed that American Tower might bid. Additionally, Cellnex revealed that its management didn’t have any contact with American Towers.
Metro found itself the number one loser right after the German retailer posted results demonstrating a loss at its consumer electronics division.
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American futures tack on
On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…
EU equities conclude up
On Wednesday, EU key equities concluded up, recording their fourth straight winning marathon due to profits in the materials as well as chemicals sectors…
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Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
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…
Greenback edges down
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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