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European stocks close higher as investors digest U.S. inflation, UK GDP; retailer Zalando up 19% - TL;DR CNBC

European stocks close higher as investors digest U.S. inflation, UK GDP; retailer Zalando up 19%

Publishing timestamp: 2024-03-13 13:07:56


Summary

European markets closed higher following mixed trading session as investors digested latest U.S. inflation report and U.K. GDP figures. Retail stocks rose, U.S. stocks rallied after inflation data, U.K. economic data showed moderate growth, corporate results landed for Adidas, Balfour Beatty, Zalando, Inditex, and Nvidia had a significant rise in 2023. Goldman Sachs refreshed its top picks in Asia Pacific. European markets set to open in mixed territory.


Sentiment: MIXED

Tickers: .IXICZAL-DEA3M-ESADS-FF.SPX.FCHI.FTSEADS-DE.GDAXI.FTMIB.STOXXNVDA

Keywords: ftse 100economic eventsindustria de diseno textil sacac 40 indexunited statesstoxx 600pricesadidas agftse mibdaxbreaking news: europebusiness newszalando se

Source: https://www.cnbc.com/2024/03/13/european-markets-live-updates-stocks-news-data-and-earnings.html


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