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European markets close higher; Barclays down 2.5% as Qatar wealth fund moves to sell stake - TL;DR CNBC

European markets close higher; Barclays down 2.5% as Qatar wealth fund moves to sell stake

Publishing timestamp: 2023-12-05 11:55:59


Summary

The article discusses the mixed performance of European markets, with the Stoxx 600 index closing higher but with some sectors, such as mining stocks, dropping. It mentions the suspension of trading in small-cap firms on the London Stock Exchange and the prospect of rate cuts from the U.S. Federal Reserve. It also discusses the record high gold prices and the performance of Asian-Pacific markets. The article mentions the lower opening of U.S. stocks and the speculation over rate cuts from the Bank of England. It also discusses the sale of Barclays stock by Qatar Holding and the partnership between AT&T and Ericsson. The article mentions the decline in retail sales in the UK and the positive Caixin China services purchasing managers' index. Finally, it mentions three stocks that have risen this year and the mixed open of European markets.


Sentiment: MIXED

Tickers: .DJIBARC-GBA3M-ESNOKIA-FIT.FCHIERIC.B-SE.GDAXI.STOXX.FTSE.SPX.FTMIB

Keywords: stoxx 600united statesnokia oyjbreaking news: europeftse 100ftse mibcac 40 indexeconomic eventspricesbarclays plcdaxjerome powellat&t incbusiness news

Source: https://www.cnbc.com/2023/12/05/european-markets-live-updates-stocks-news-data-and-earnings.html


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