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European markets close higher as traders look ahead to Fed meeting; Philips up 29% - TL;DR CNBC

European markets close higher as traders look ahead to Fed meeting; Philips up 29%

Publishing timestamp: 2024-04-29 12:34:35


Summary

European markets closed higher as investors looked ahead to central bank decisions, earnings, and data. Philips shares soared after a settlement in a U.S. case, while Deutsche Bank made provisions for a long-running legal case. Atos received an offer from the French government for parts of its business. Japanese yen strengthened, and a European company shifted focus to cloud solutions. Morningstar identified a dividend stock as undervalued. European markets are expected to open positively with earnings from Philips, Vivendi, and BBVA, and Germany's inflation figures for April.


Sentiment: MIXED

Tickers: PHIA-NLATO-FR.STOXX.FTMIBDBK-FF.FCHIPHGJPY=.FTSE.GDAXI

Keywords: economic eventsunited statesstoxx 600atos sepricesbusiness newsbreaking news: europedeutsche bank agjerome powell

Source: https://www.cnbc.com/2024/04/29/european-markets-live-updates-stocks-news-data-and-earnings.html


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