Europe stocks close slightly higher as investors assess data; tech jumps 1% after Nvidia earnings
Publishing timestamp: 2024-05-23 12:00:13
Summary
European markets closed slightly higher on Thursday as traders digested minutes of the last U.S. Federal Reserve meeting and fresh economic data from the euro zone. Tech stocks rose after Nvidia's strong results, while utilities dropped due to National Grid's equity raise. The U.K. Prime Minister announced a General Election, impacting market sentiment. Family offices are increasing investments in developed market fixed income. Minutes from the Federal Reserve meeting showed concerns about U.S. inflation. Analysts predict a potential 40% rise in a listed private equity investment company's share price.
Sentiment: MIXED
Tickers: GXI-DE, .FTSE, .STOXX, .GDAXI, NVDA, UNDEFINED, .FCHI, NG.-GB, QQ.-GB, .FTMIB,
Keywords: gerresheimer ag, stoxx 600, national grid plc, business news, earnings, nvidia corp, qinetiq group plc, government and politics, voting, prices, united states, breaking news: europe, ftse 100,
Source: https://www.cnbc.com/2024/05/23/european-markets-live-updates-stocks-news-data-and-earnings.html