European markets close higher as positive momentum returns; Delivery Hero down 15%
Publishing timestamp: 2024-04-26 11:36:30
Summary
European markets closed higher on Friday, with construction and material stocks leading gains. Big Tech names like Alphabet and Microsoft rallied on strong earnings in the US. Wartsila surged after reporting good progress, while Delivery Hero slipped due to competition concerns. Thyssenkrupp rose after selling stake in steel business. Inflation data came in higher than expected. Swiss National Bank Chairman emphasized that central banks cannot solve all global issues. Saab CEO called for increased defense spending in Europe. NatWest reported slightly lower-than-expected fall in profits. Goldman Sachs highlighted opportunities in China's gaming industry. Lululemon shares have plummeted this year.
Sentiment: MIXED
Tickers: NWG-GB, CVC-NL, OR-FR, .SPX, .IXIC, .GDAXI, WRT-FI, TKA-DE, .FCHI, .FTMIB, BL15-GB, .FTSE, DHER-DE, JPY=, LULU, TTE-FR, .DJI, .STOXX,
Keywords: business, stock markets, business news, l'oreal sa, markets, natwest group plc, totalenergies se, stoxx 600, breaking news: markets,
Source: https://www.cnbc.com/2024/04/26/european-markets-live-updates-stocks-news-data-and-earnings.html