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European stocks close higher as investors digest euro zone inflation; up 2.3% for the month - TL;DR CNBC

European stocks close higher as investors digest euro zone inflation; up 2.3% for the month

Publishing timestamp: 2024-05-31 11:44:40


Summary

European stocks closed higher as investors digested euro zone inflation data ahead of ECB rate decision. JD Sports reported a fall in sales, while Flutter Entertainment transferred its listing to prepare for a move to the U.S. French consumer prices rose higher than expected. ECB is expected to cut interest rates. Italy's economy grew as expected. Barclays is bullish on European stocks. Goldman introduced a power and electricity basket of stocks.


Sentiment: MIXED

Tickers: JD.-GBFLTR-GB.FTSE.STOXX.FCHI.GDAXI

Keywords: economic eventsitalymarketsbusiness newsunited statesbreaking news: marketspricesstock markets

Source: https://www.cnbc.com/2024/05/31/europe-stocks-open-to-close-bond-yields-stocks-data.html


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