European markets close higher amid rate cut speculation; Lufthansa up 5.6%
Publishing timestamp: 2024-04-18 11:49:14
Summary
European markets closed slightly higher on Thursday, with speculation about an interest rate cut by the European Central Bank. U.S. stocks advanced after a recent decline. Norway's sovereign wealth fund reported strong profits. London-listed Hipgnosis Songs Fund recommended a sale to Concord. Morgan Stanley and HSBC are cutting investment banking jobs in Asia-Pacific. Analysts have lowered price targets on global stocks ahead of earnings season. European markets are set to open mixed on Thursday.
Sentiment: MIXED
Tickers: ABB.N-CH, .FTMIB, .IXIC, .SPX, @LCO.1, .FCHI, .FTSE, LHA-DE, NOKIA-FI, .STOXX, NOKIA-FR, .GDAXI, @CL.1,
Keywords: london, business news, switzerland, nasdaq composite, s&p 500 index, stoxx 600, united states, deutsche lufthansa ag, breaking news: europe, nokia oyj, abb ltd,
Source: https://www.cnbc.com/2024/04/18/european-markets-live-updates-stocks-news-data-and-earnings.html