European stocks close higher as investors set positions ahead of Easter break, U.S. jobs report
Publishing timestamp: 2023-04-06 11:52:05
Summary
European stock markets closed higher ahead of the Easter weekend, with the Stoxx 600 index up 0.5%. Banks and the travel and leisure sector saw gains, while household goods and retail stocks declined. Investors are awaiting the release of US non-farm payrolls data on Friday. Meanwhile, Swedish house prices are expected to continue to fall, according to Danske Bank. Tui saw an 8% rise in shares after reporting strong booking demand for Easter holidays, while UK house prices rose unexpectedly. Shell anticipates higher liquefied natural gas output in Q1. UBS has named several high-quality dividend-paying stocks that are unlikely to cut their dividends. Gold prices remain above $2,000 per ounce.
Sentiment: NEUTRAL
Tickers: .FCHI, 0NVC-GB, SHEL-GB, .GDAXI, .SPX, .FTSE, .STOXX, UBS, CSG.N-CH, UBSG-CH, TUI1-DE,
Keywords: tui ag, s&p 500 index, dax, wall street, business news, ubs group ag, shell plc, personnel, economic events, investment strategy, stoxx 600, cac 40 index, labor economy, credit suisse group ag, banks, markets, ftse 100, prices, united states, philip lane,
Source: https://www.cnbc.com/2023/04/06/european-markets-open-to-close-earnings-data-and-news.html