European markets higher on more earnings reports; Sweden's central bank cuts rates
Publishing timestamp: 2024-05-08 06:18:52
Summary
European markets closed higher on Wednesday with most sectors and major bourses in positive territory. BMW reported lower first-quarter profit margin, while Siemens Energy raised its 2024 outlook. Sweden's central bank cut interest rates for the first time in eight years. U.S. stocks were mixed, with tech stocks showing strength. Gold prices have risen as a safe haven asset. European markets are expected to open in mixed territory.
Sentiment: MIXED
Tickers: .DJI, @LCO.1, 7211.T-JP, .STOXX, @CL.1, .IXIC, META, .FTMIB, .SPX, PUM-DE, 7203.T-JP, .GDAXI, .FCHI, GOOGL, .FTSE, ABI-BE, ZAL-DE, BMW-DE, ENR-DE, AMZN,
Keywords: stoxx 600, toyota motor corp, business news, breaking news: europe, bayerische motoren werke ag, siemens energy ag,
Source: https://www.cnbc.com/2024/05/08/european-markets-live-updates-stocks-news-data-and-earnings.html