European markets close higher as travel stocks rally; Oci shares up nearly 4%
Publishing timestamp: 2023-12-19 11:44:40
Summary
The article discusses the rebound of European markets, with the pan-European Stoxx 600 closing higher. It mentions the performance of different sectors, such as travel and leisure stocks and oil and gas. It also highlights the meeting of finance ministers and central bank governors from the Group of Seven industrialized nations. The article mentions the performance of U.S. stocks and the Bank of Japan's decision to leave its main policy rate unchanged. It also discusses the Swiss financial regulator's call for greater legal powers in the wake of the Credit Suisse collapse. The article briefly mentions the performance of Dutch chemical and fertilizer manufacturer OCI and shipping company Frontline. It concludes with mentions of Bank of America's top picks for pharmaceutical stocks and Morgan Stanley's analysis of non-artificial intelligence tech stocks. The article also provides opening predictions for European markets and mentions the upcoming release of final inflation data for the euro zone in November.
Sentiment: NEUTRAL
Tickers: .FTSE, .FCHI, .SPX, 0R3T-GB, .FTMIB, .DJI, .STOXX, FRO, .GDAXI, .IXIC,
Keywords: breaking news: europe, business news, stoxx 600, japan, prices, united states, london,
Source: https://www.cnbc.com/2023/12/19/european-markets-live-updates-stocks-news-data-and-earnings.html