Financial Digest

Europe's benchmark Stoxx 600 index closes at all-time high after data points to an economic recovery

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

European stocks powered higher Thursday, taking the benchmark index to a record close as investors assessed earnings and data.

The pan-European Stoxx 600 index marked a record close on Thursday, gaining 0.9% through the session to surpass its previous high from January 2022. Not all sectors were higher, with food and beverage stocks down 1.3% as autos gained 2.7%.

Following better-than-expected purchasing managers' index data from the euro zone and a slew of earnings, Germany's DAX index rose 1.47%, while France's CAC 40 was up 1.27%. The U.K.'s FTSE 100 was up by a more modest 0.3%. .STOXX YTD line Stoxx 600 index. — Jenni Reid

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European markets close slightly lower as investors digest fresh economic data; German inflation fallsEuropean markets were slightly lower Friday as investors digest the latest slew of corporate earnings and look ahead to fresh economic data.
Source: CNBC - 🏆 12. / 72 Read more »