Europe stocks close higher despite gloomy global sentiment; Auto Trader up 15%
Publishing timestamp: 2024-05-30 11:46:44
Summary
European stocks closed higher after two days of losses, with sectors mainly in green. Unemployment rate in euro area dropped to 6.4% in April. Investors are awaiting inflation prints and interest rate decisions. U.K. house price inflation was slightly negative in May. European Commission survey showed marginal increase in economic sentiment. Nestle CEO discussed shifting nutritional needs due to weight loss drugs. SAS reported higher net loss despite revenue increase. European stock markets are set to extend losses. BHP walked away from takeover bid for Anglo American. U.S. economy grew unevenly over past six weeks with consumers pushing back against price increases.
Sentiment: MIXED
Tickers: AAL-GB, .SPX, CRM, RIO-AU, .STOXX, OCDO-GB, FMG-AU, SAS-SE, AUTO-GB, BHP-AU, BHP, SAAB.B-SE,
Keywords: s&p 500 index, stoxx 600, united states, prices, stock markets, international distributions services plc, breaking news: markets, bhp group ltd, markets, salesforce inc, london, ocado group plc, anglo american plc, saab ab, auto trader group plc, business news,
Source: https://www.cnbc.com/2024/05/30/europe-stocks-open-to-close-bond-yields-stocks-data.html