European markets close higher on cooler-than-expected U.S. inflation data
Publishing timestamp: 2023-11-14 12:00:44
Summary
European markets closed higher on Tuesday after U.S. inflation print for October came in cooler than expected. Retail stocks led gains, while oil and gas stocks dropped. Other data releases in Europe included GDP figures and labor market figures. U.S. stocks also spiked on the inflation report. European stocks jumped on the back of the U.S. inflation report. Euro zone GDP contracted in the third quarter, but employment rose. U.K. job vacancies fell, while regular pay growth remained high. Vodafone reported a rise in group service revenue. K+S saw improving demand despite weak potash prices. European markets were mixed, and Asian markets have had a tumultuous year. Goldman Sachs highlighted the economic benefits of the circular economy. European markets are expected to open in mixed territory.
Sentiment: NEUTRAL
Tickers: 0LQQ-GB, SAGA.A-SE, FR-FR, INF-GB, DCC-GB, .STOXX, .GDAXI, US10Y, UBSG-CH, VOD-GB, .FTSE, .FCHI, SDF-DE, .FTMIB,
Keywords: valeo se, sagax ab, xi jinping, informa plc, breaking news: europe, business news, joe biden, economic events, united states, stoxx 600, prices, u.s. 10 year treasury, san francisco, vodafone group plc, k&s ag, china, dcc plc,
Source: https://www.cnbc.com/2023/11/14/european-markets-live-updates-stocks-news-data-and-earnings.html