European stocks close higher as Germany's DAX extends record high; Tui up 14%
Publishing timestamp: 2023-12-06 11:38:33
Summary
The European markets rebounded, with the Stoxx 600 index rising 0.6%. Mining stocks and autos saw gains, while oil and gas stocks dipped. Tui's stock rose 14% after posting strong full-year results and a positive forecast for operating profit. H&M's stock was downgraded, and Nokia continued to suffer. U.S. stocks also turned positive, and Tui's stock rose further after the release of its earnings. The article also mentions bold predictions for European stock market performance in the coming year and Goldman Sachs' top stock picks for December.
Sentiment: MIXED
Tickers: .BBKA, ERIC, .FTMIB, TUI1-DE, .STOXX, NOVO.B-DK, HNNMY, .FTSE, .GDAXI, NOKIA-FI, LLY, .FCHI, T,
Keywords: lm ericsson telefon, tui ag, breaking news: europe, deutsche bank ag, at&t inc, united states, business news, nokia oyj, stoxx 600,
Source: https://www.cnbc.com/2023/12/06/european-markets-live-updates-stocks-news-data-and-earnings.html