European stocks advance on strong Chinese economic data

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

European stocks advance, helped by better-than-expected Chinese data

Banks including BNP Paribas BNP, +1.24% and oil producers including BP BP, +1.56% led the advance.

U.S. stock futures ES00, +0.34% also were stronger. Two measures of Chinese manufacturing sentiment released overnight showed improvement in November. In addition, the final reading of the eurozone manufacturing PMI was narrowly revised higher. Similar data is due from the U.S. later on Monday. Ocado last week said it expects an additional £25 million of operating costs for the fiscal 2020 year, to support its Ocado Solutions and a new partnership for Japanese grocery.

 

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:

 /  🏆 3. 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.

Asia stocks set to open higher as investors await Chinese manufacturing dataThe Caixin/Markit manufacturing Purchasing Managers' Index is set to be out on Monday, while official data released over the weekend showed factory activity rising unexpectedly.
Source: CNBC - 🏆 12. / 72 Read more »

European markets seen slightly higher ahead of fresh dataEuropean stocks are set to open slightly higher Monday morning, as investors monitor trade talks between the world's two largest economies.
Source: CNBC - 🏆 12. / 72 Read more »

Picking Chinese Stocks in the Trump EraThe nature of China’s economic slowdown has changed. Understand how and investors have a better chance of putting their money on the right stocks when it becomes clear whether the White House and Beijing can settle their differences on trade.
Source: WSJ - 🏆 98. / 63 Read more »

Tesla, GE and Uber make list of the most divisive stocks on Wall StreetThe stocks that deeply divide Wall Street analyst opinions — led by Tesla.
Source: CNBC - 🏆 12. / 72 Read more »