LOGO
LOGO

Commentary

European Stocks Close Higher As Investors Focus On Earnings, Economic Data

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

European stocks closed broadly higher on Thursday as investors indulged in some buying at several counters, shrugging off concerns about inflation and worries about imminent interest rate hikes.

Investors also digested a slew of earnings announcements and economic data from the region, and monitored updates about the tensions between the Russia and Ukraine.

The pan European Stoxx 600 climbed 0.51%. Germany's DAX gained 0.65% and France's CAC 40 gained 0.3%, while the U.K.'s FTSE 100 edged down 0.06%. Switzerland's SMI ended 0.28% up.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.