European stocks bounced back from a six-week low on Wednesday, with consumer discretionary firms rising heading into the year-end holiday period.The pan European STOXX 600 jumped 0.8 percent to 427.46 after declining 0.4 percent on Tuesday. The German DAX rallied 0.8 percent, France's CAC 40 index added 0.9 percent and the U.K.'s FTSE 100 was up half a percent.Adidas AG surged nearly 9 percent and...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.