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Europe markets close higher; German inflation eases as country's DAX index hits record - TL;DR CNBC

Europe markets close higher; German inflation eases as country's DAX index hits record

Publishing timestamp: 2024-08-29 11:38:13


Summary

European markets closed higher as investors assessed inflation data, with tech stocks leading gains. Nvidia beat expectations but shares were lower. Inflation data fueled expectations for ECB interest rate cuts. Pernod Ricard and Remy Cointreau shares rose, while Delivery Hero plans to list its Middle East business. Asia-Pacific markets pulled back, but U.S. stocks opened higher.


Sentiment: MIXED

Tickers: .FTSE.STOXXRCO-FRDHER-DE.FTMIBNVDA.GDAXI.FCHI

Keywords: world marketsbusiness newsftse 100remy cointreau sapricesmarketscac 40 indexftse mibeconomic eventsgermanydaxbreaking news: marketslondonworld economynvidia corppernod ricard sa

Source: https://www.cnbc.com/2024/08/29/european-markets-stocks-news-data-and-earnings.html


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