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LONDON, United Kingdom (AFP) — Europe’s stock markets rebounded at the open on Monday, following last week’s sharp losses. In initial trade, London’s benchmark FTSE 100 index of major blue-chip firms jumped almost 0.6 percent at 7,110.11 points. In the eurozone, the Paris CAC 40 index won 0.5 percent to 4,988.09 and Frankfurt’s DAX 30 climbed 0.5 percent to 10,955.83 points, compared with Friday’s closing levels. Global stocks had mostly fallen on Friday at the […]
NEW YORK, United States (AFP) — European stock markets slipped Tuesday on trepidation over US midterm elections seen as a referendum on Donald Trump’s presidency, while US markets rose after a quiet session. Key European markets were down by as much as one percent at the close, while Wall Street reversed early declines to post solid gains. The S&P 500 ended up 0.6 percent. But trading volume was light as investors refrained from placing bets […]
NEW YORK, United States (AFP) — The euro extended its gains on Monday, trading at a two-and-a-half-year high against the dollar as currency traders believed a wind-down in European economic stimulus was not imminent. European stocks also fell while Wall Street was directionless, buffeted in large part by worries over a pounding delivered to US energy infrastructure by Hurricane Harvey. In much anticipated speeches on Friday, central bank chiefs from the US and Europe sidestepped […]
