European markets close slightly higher as investors weigh Fed risks
Publishing timestamp: 2023-01-20 11:43:13
Summary
European stocks closed higher on Friday, with travel and leisure stocks leading gains. The conclusion of the World Economic Forum in Davos, Switzerland, saw policymakers and CEOs discussing key issues surrounding the economy, financial markets, geopolitics and climate change. In Asia-Pacific, stocks were mostly higher as investors digested Japanese inflation data. U.S. stocks opened higher, with the S&P 500 and Nasdaq Composite on pace to post a positive week. Biotechnology company stocks were among the top performers in the sector last month, with Wall Street analysts giving them a buy rating. Morgan Stanley is predicting that Chinese stocks will beat global markets this year.
Sentiment: POSITIVE
Tickers: AMT, .SPX, .DJI, .FTSE, AZA-SE, 0NUK-GB, CBG-GB, 0R9C-GB, BEPH, .GDAXI, .FCHI, .STOXX,
Keywords: business news, banks, investment strategy, economic events, christine lagarde, avanza bank holding ab, s&p 500 index, american tower corp, wall street, cac 40 index, ftse 100, stoxx 600, markets, dow jones industrial average, brookfield brp holdings (canada) inc, dax, close brothers group plc,
Source: https://www.cnbc.com/2023/01/20/europe-markets-open-to-close-seeking-rebound-from-sell-off.html