European markets close higher as investors react to Fed minutes; Rolls-Royce up 23%
Publishing timestamp: 2023-02-23 11:55:02
Summary
European markets closed slightly higher Thursday as investors digested minutes released by U.S. Federal Reserve that showed members are still committed to fighting inflation with interest rate hikes. Shares of British engine-maker Rolls-Royce rose sharply after company beat analyst expectations with reported 57% year-on-year profit increase last year. U.S. stocks rose Thursday, with chipmaker Nvidia leading tech gains, while traders assess future potential Federal Reserve moves. Results also came in from European firms including Solvay, Accor, Heidelberg Materials, BAE Systems, Munich Re and Heathrow Airport. Global shares of venture capitalist company are expected to soar by 130% over next 12 months, according to investment bank. European markets are heading for positive open Thursday as investors digested minutes released by U.S. Federal Reserve. Earnings are set to come from WPP, Rolls-Royce, BAE Systems, Heathrow, Anglo American, Solvay, Munich Re, Deutsche Telekom and AXA.
Sentiment: POSITIVE
Tickers: RR.-GB, @SP.1, .DJI, AAL-GB, .GDAXI, .STOXX, NDAQ, .FTMIB, .FTSE, .FCHI, BA.-GB, .SPX, GNS-GB, MNDI-GB,
Keywords: united states, bae systems plc, business news, breaking news: europe, rolls-royce holdings plc, stoxx 600,
Source: https://www.cnbc.com/2023/02/23/european-markets-live-updates-stocks-news-data-and-earnings.html