European markets close slightly higher; Kingfisher rebounds after profit warning, Direct Line down 11%
Publishing timestamp: 2024-03-25 13:03:09
Summary
European markets had a tentative start to the new trading week as investors continued to digest central bank policy decisions. U.S. stocks were slightly lower, while Asia-Pacific markets were mixed. European oil and gas stocks nudged higher, while shares of companies like Direct Line and Delivery Hero saw declines. Analysts are discussing the potential for interest rate cuts by the Federal Reserve despite inflationary pressures. Markets are still red-hot, with some stocks outperforming the broader market. Recommendations for investing $1 million range from tech to AI stocks for a "moderately aggressive" portfolio.
Sentiment: MIXED
Tickers: AGS-BE, .FTSE, .FTMIB, .FCHI, DLG-GB, @LCO.1, WISE-GB, .SPX, AM-FR, .STOXX, .IXIC, .GDAXI, KGF-GB, TIT-IT, .DJI,
Keywords: malaysia, business news, australia, breaking news: europe, singapore, direct line insurance group plc, kingfisher plc, united states, stoxx 600, brussels,
Source: https://www.cnbc.com/2024/03/25/european-markets-live-updates-stocks-news-data-and-earnings.html