Europe Markets End Flat; Asia Markets Up
European stocks closed little changed Tuesday, though the automobile sector slipped on concerns over the state of both the U.S. and European market.
Asian markets advanced amid renewed investor appetite for risk as jitters about higher U.S. interest rates faded.
European stocks closed little changed Tuesday, though the automobile sector slipped on concerns over the state of both the U.S. and European market.
Asian markets advanced amid renewed investor appetite for risk as jitters about higher U.S. interest rates faded.
More : chron.com
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Madrid shares higher midday in line with Europe; TMTs, Ferrovial higher
Share prices were higher in thin midday trade, in line with European markets and stronger US futures, with TMTs and Ferrovial outperforming, amid extreme low volume as investors sat out ahead of tomorrows national holiday, dealers said.
At 12.28 pm, the IBEX-35 index was up 109.3 points at 11,886.6, after trading in a range of 11,829-11,913, on turnover of about 807 mln eur.
Equities opened higher following gains on Asian markets and easing oil prices overnight, boosted by a cease fire agreement in the Middle East, with many investors
Europe flat as oil price weighs
European stocks ended flat on Tuesday as crude oil hit a record $72.20 a barrel, putting the skids under airlines and carmakers, while resources stocks rallied to help propel Britains FTSE 100 higher.
Philips Electronics dropped after missing analysts first-quarter forecasts, while online gamer PartyGaming sank on concerns about overexposure in the United States, and British Land rose after broker upgrades.
The FTSEurofirst index of Europes top 300 shares closed 0.1 percent lower at 1,368.32 points in the first session since the four-day Easter break, with gains on Wall Street lending support late in the session.
More: edition.cnn.com
Helsinki shares close lower on Europe, Nokia, forestries
HELSINKI (AFX) - Shares closed slightly lower with investors jittery ahead of tomorrow's ECB rate decision and with the bourse led down further by Nokia and forestries, dealers said.
At 6.30 pm, the OMX Helsinki 25 index closed 0.1 pct lower at 2,179.03.
The OMX Helsinki index lost 0.4 pct to 7,724.02 points on turnover of 1.001 bln eur.
The OMX Helsinki CAP index was flat at 4,091.54.
Bourse engine Nokia closed 1.4 pct lower at 14.50 eur on turnover of 624.7 mln.
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U.S. stocks follow Europe, Asia lower
U.S. stocks fell Monday on the heels of declines in many European and Asian markets.
The Dow Jones industrial average was off 81.56 or 0.72 percent to 11,197.05 in mid-morning trading. The Nasdaq composite fell 19.88 or 0.90 percent to 2,190.49, and the Standard & Poor`s 500 declined 8.50 or 0.66 percent to 1,271.66.
Japans Nikkei 225 closed down 56.23 or 0.35 percent to 15,859.45, and all European bourses were in the red shortly before their closing.
The 10-year note fell 3/32 to lift the yield to 5.064 percent.
More: news.monstersandcritics.com
ECB chief's remarks encourage markets
LONDON European stocks rose on Thursday after the European Central Bank indicated that its interest rate increase was not the start of a series.
"The market had discounted an increase for some time, and it's not expecting a long series of hikes," said Martine Legal, a strategist at Axa Investment Managers in Paris. "We expect a good economic background. European markets are still attractive."
Indexes rose after the European Central Bank lifted its benchmark interest rate by a quarter of a percentage point, as economists had expected, and Jean-Claude Trichet, the ECB president, said interest
