European markets close higher as traders assess possible rate cuts, fresh PMI data
Publishing timestamp: 2024-05-06 11:34:31
Summary
European markets closed higher on Monday as traders assessed the possibility of rate cuts following softer-than-expected U.S. jobs data. The S&P composite final purchasing managers' index for the euro zone also showed business activity expanding at its fastest pace in almost a year. Individual stocks like PostNL and Volvo Cars saw mixed results in trading.
Sentiment: NEUTRAL
Tickers: .STOXX, .GDAXI, PNL-NL, .FCHI, 8JO0-FF, .FTMIB, .FTSE,
Keywords: personnel, xi jinping, volvo car ab, postnl nv, asia economy, ftse 100, breaking news: europe, investment strategy, cac 40 index, dax, prices, emmanuel macron, business news, labor economy, stoxx 600, united states, ftse mib, world economy, markets, world markets, london,
Source: https://www.cnbc.com/2024/05/06/european-markets-open-to-close-earnings-data-and-news.html