financetom
World
financetom
/
World
/
Trade, Earnings Cap European Bourses Midday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trade, Earnings Cap European Bourses Midday
Feb 4, 2025 4:29 AM

07:06 AM EST, 02/04/2025 (MT Newswires) -- European bourses tracked evenly midday Tuesday as traders digested the Trump Administration's evolving trade policies, and weighed earnings reports.

Tech stocks led gainers, while oil and property issues lagged.

Investors also eyed Wall Street futures signaling red, but higher closes overnight on Asian exchanges, led by a rally in Hong Kong-listed tech shares.

The pan-continental Stoxx Europe 600 Index was steady mid-session.

The Stoxx Europe 600 Technology Index was up 1.1%, and the Stoxx 600 Banks Index gained 0.3%.

The Stoxx Europe 600 Oil and Gas Index was off 0.8%, but the Stoxx 600 Europe Food and Beverage Index declined 0.4%.

The REITE, a European REIT index, fell 0.4%, but the Stoxx Europe 600 Retail Index was flat.

On the national market indexes, Germany's DAX was up 0.1%, and the FTSE 100 in London was down 0.2%. The CAC 40 in Paris was up 0.3%, and Spain's IBEX 35 gained 0.8%.

Yields on benchmark 10-year German bonds were higher, near 2.41%.

Front-month North Sea Brent crude-oil futures were down 1.2% to $75.08 per barrel.

The Euro Stoxx 50 volatility index was down 1% to 17.03, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nasdaq Surges Over 1%; Blade Air Mobility Shares Plummet
Nasdaq Surges Over 1%; Blade Air Mobility Shares Plummet
Mar 12, 2024
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1% on Tuesday. The Dow traded up 0.48% to 38,955.84 while the NASDAQ rose 1.12% to 16,198.58. The S&P 500 also rose, gaining, 0.82% to 5,159.75. Check This Out: Insiders Buying Keurig Dr Pepper And 3 Other Stocks   Leading and Lagging Sectors   Information technology shares...
Argentine Stocks Surge As Central Bank Slashes Rates By 20% Following Inflation Slowdown: Milei Pushes For Dollar Legal Tender
Argentine Stocks Surge As Central Bank Slashes Rates By 20% Following Inflation Slowdown: Milei Pushes For Dollar Legal Tender
Mar 12, 2024
Argentine stocks surged in Tuesday’s session following lower-than-predicted February inflation figures and an unexpected move by the central bank, which slashed interest rates by 20 percentage points down to 80% a day earlier. The Global X MSCI Argentine ETF , which tracks the performance of an index of Argentine stocks, closed 1.3% higher, snapping a three-day losing streak. Government data...
CANADA STOCKS-TSX notches 2-year high, led by tech and industrial shares
CANADA STOCKS-TSX notches 2-year high, led by tech and industrial shares
Mar 12, 2024
* TSX ends up 0.3% at 21,831.02 * Posts highest closing level since April 2022 * Tech and industrials rise 0.8% * Utilities sector loses 1.1% (Updates at market close) By Purvi Agarwal and Fergal Smith March 12 (Reuters) - Canada's main stock index rose on Tuesday to a near two-year high, led by gains for technology and industrial shares,...
MORNING BID ASIA-Tech resilience vs sticky bond yields
MORNING BID ASIA-Tech resilience vs sticky bond yields
Mar 12, 2024
March 13 (Reuters) - A look at the day ahead in Asian markets. A tech-fueled whoosh pushed Wall Street higher on Tuesday, which should give Asian markets a good foundation to build on at the open on Wednesday, but spiking U.S. bonds yields on the back of hotter-than-expected U.S. inflation data could limit the upside. There's nothing on the local...
Copyright 2023-2025 - www.financetom.com All Rights Reserved