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European stocks close higher as BOE holds rates; Sabadell up 3% on fresh BBVA bid - TL;DR CNBC

European stocks close higher as BOE holds rates; Sabadell up 3% on fresh BBVA bid

Publishing timestamp: 2024-05-09 11:40:01


Summary

European markets closed higher on Thursday, with positive momentum maintained on a busy week of earnings. The Bank of England announced it would hold interest rates steady, but signaled a rate cut is coming. Chinese stocks rose as imports surged past estimates. BBVA made a hostile takeover offer to Sabadell. Copper prices are on the rise. European markets are expected to open higher.


Sentiment: MIXED

Tickers: NVDA,  .FCHI,  .STOXX,  BBVA-ES,  TEF-ES,  .FTMIB,  SAB-ES,  .FTSE,  .GDAXI,  .SPIPSA, 

Keywords: stoxx 600,  enel chile sa,  business news,  china,  telefonica sa,  breaking news: europe,  banco de sabadell sa,  banco bilbao vizcaya argentaria sa, 

Source: https://www.cnbc.com/2024/05/09/european-markets-live-updates-stocks-news-data-and-earnings.html


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