European markets close higher as investors digest UK budget statement
Publishing timestamp: 2024-03-06 11:41:28
Summary
European markets closed higher as investors in U.K. digested the 2024 budget statement. Technology stocks climbed while media stocks fell. Asian markets were mixed with Hong Kong leading gains and Chinese stocks sliding. Major U.S. indexes opened higher. French reinsurance company Scor reported record results, while Grifols battled weakening investor confidence. German logistics giant DHL Group dismissed acquisition rumors. Swiss skincare company Galderma announced plans to float on Swiss stock exchange. Nvidia has had a strong run in the AI sector, but diversification is needed. Wealth manager Brian Vendig is bullish on stocks this year. European markets are set to open higher with data releases and earnings reports expected.
Sentiment: MIXED
Tickers: NVDA, .FTMIB, SDRC-DE, GBP=, .STOXX, .FCHI, AAPL, .GDAXI, .FTSE,
Keywords: government and politics, business news, economic events, stoxx 600, breaking news: europe, jerome powell,