Europe stocks end 2023 up 12.64% after climbing on last trading day
Publishing timestamp: 2023-12-29 11:56:58
Summary
European stocks ended the year on a positive note, with the Stoxx 600 index finishing up 12.64% for the year. The German DAX rose nearly 20% despite a gloomy economic outlook. In the US, stocks were little changed as the S&P 500 chased a new record high. Data releases suggest that US economic growth is slowing, leading to expectations of rate cuts in the future. UK house prices recorded a 1.8% fall in the year to December.
Sentiment: NEUTRAL
Tickers: .FTSE, .SPX, ELE-ES, .FCHI, .FTMC, .STOXX, .GDAXI, GRF-ES, .AXJO,
Keywords: endesa sa, business news, world economy, united states, france, grifols sa, prices, markets, s&p 500 index, cac 40 index, london, asia economy, s&p/asx 200, ftse 100, world markets, investment strategy, dax, ftse 250 index, stoxx 600, breaking news: europe, germany, economic events,
Source: https://www.cnbc.com/2023/12/29/europe-markets-open-to-close-stoxx-600-gains-sp-500-chases-high.html