European stocks closed higher on Thursday with investors reacting to a slew of earnings announcements and economic data from the region and digested the monetary policy decisions of the European Central Bank and the Bank of England. Concerns about U.S.-Iran tensions continued to weigh, limiting markets' upside.
The ECB and BoE both decided to leave their interest rates unchanged.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.