GameStop is back! It has already surged by 14% in pre-trade hours.
European stocks stand still
On Tuesday, European stocks fluctuated between minor gains and losses in the face of a flurry of deal making as well as earnings as traders cautiously monitored developments around US-China trade negotiations.
As a matter of fact, the pan-European STOXX 600 index stood still. As for London's FTSE 100, it underperformed due to the fact traders got back from a long weekend.
Milan's FTMIB along with Madrid's IBEX 35 index surged by over 0.3%, underpinned by dealmaking activities.
UniCredit, Italy's number one financial institution told it was considering a sale of its FinecoBank unit and had come up with measures just to ensure the online broker was able to operate outside the group.
Across the region, financial institutions inched down by about 0.7% that appears to be the greatest sectoral tumble.
Spain's Cellnex told it would proceed with purchasing Iliad's mobile tower assets in Italy and France for up to 2 billion euros.
On the STOXX 600, both Illiad and Cellenex found themselves among top-notch performers.
In addition to this, Germany's biggest residential property company Vonovia managed to push the real estate sector up over 1.5% right after it had its full-year gain guidance increased.
As for France's Alstom, it managed to rally after the transport infrastructure group reported a firmer annual gain, backed by contracts and orders.
As for divers, Henkel headed south over 4% after the German consumer goods company posted a gloomy quarter of earnings as its adhesives business was affected by diving industrial output, while its beauty unit underperformed in China and western Europe.
G4S stocks went down by 2% right after Garda World Security Corp had interest in its cash solutions business dropped.
On Wednesday, Russia’s department of communications control Roskomnadzor slowed down Twitter’s speed. What does it mean for the stock?
Why do we like Tesla so much? Here is why - check the article.
The Australian economy has been on a steady recovery path, and now we have a very symbolic confirmation that S&P ASX 200 is about to cross 7000!
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The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.