European close markets higher on busy week for central bank action
Publishing timestamp: 2024-04-08 12:03:27
Summary
European stocks closed higher at the start of a busy week with key data releases and central bank decisions. U.S. stocks also had a shaky week but were marginally higher on Monday. Gold prices continued to rise, while the Federal Reserve is determined not to reduce interest rates too soon. Shares of French IT consultancy Atos surged after a leading shareholder joined a consortium to rescue the firm. European markets had a cautious start to the week, with the Stoxx 600 index slightly lower. Bank of America economists believe Wednesday's inflation report should show moderation in price pressures, providing confidence for a rate cut in June. Morgan Stanley named three "overlooked" global tech stocks that look cheap right now.
Sentiment: NEUTRAL
Tickers: DHER-DE, ZAL-DE, .DJI, SHEL-GB, .STOXX, ATO-FR, ENT-GB, BBVA-ES,
Keywords: markets, entain plc, japan, united states, atos se, stoxx 600, business news, delivery hero se, neel kashkari, breaking news: markets, prices, banco bilbao vizcaya argentaria sa, zalando se,
Source: https://www.cnbc.com/2024/04/08/european-markets-open-to-close-earnings-data-and-news.html