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European Stocks End On Mixed Note Despite Strong Economic Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks ended on a somewhat mixed note on Friday, failing to hold gains, as the mood turned a bit cautious during the final hour of the session despite upbeat U.S. jobs data.

Worries about rising cases of the delta variant of the coronavirus and travel restrictions in several countries continued to weigh, placing a cap on markets' upside.

The pan European Stoxx 600 climbed 0.26%. Germany's DAX advanced 0.3%, while the U.K.'s FTSE 100 and France's CAC 40 edged down 0.03% and 0.01%, respectively. Switzerland's SMI ended down 0.1%. The DAX gained about 0.2% in the week, while the FTSE 100 and CAC 40 shed 0.2% and 1%, respectively.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.