European stocks close higher as positive momentum continues; UK GDP grows slightly
Publishing timestamp: 2023-10-12 11:52:34
Summary
The article discusses European stock markets closing higher, the impact of the Israel-Hamas war on oil markets, the possibility of the U.S. Federal Reserve holding steady on interest rates, the release of U.S. consumer price index data, the U.K. economy's growth in August, the European Central Bank's minutes, and the acquisition of Pioneer Natural Resources by Exxon Mobil. It also mentions Morgan Stanley's picks for companies well-positioned to benefit from data and Morningstar's view on undervalued semiconductor stocks.
Sentiment: MIXED
Tickers: @LCO.1, .STOXX, .DJI, @CL.1, .FCHI, EUR=, GBP=, .FTMIB, RMS-FR, CDI-FR, MS, .GDAXI, @DX.1, XOM, KER-FR, CFR-CH, .IXIC, MC-FR, .SPX, PXD, .FTSE,
Keywords: compagnie financiere richemont sa, dollar index future (mar'23), wti crude (mar'23), dax, united states, lvmh moet hennessy louis vuitton se, economic events, business news, israel, gaza, ice brent crude (apr'23), cac 40 index, hermes international sca, gbp/usd, kering sa, ftse 100, christian dior se, stoxx 600, eur/usd, breaking news: europe,
Source: https://www.cnbc.com/2023/10/12/european-markets-open-to-close-stocks-oil-us-inflation-.html