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European Shares Drop as Yields Rise Before Fed; Banks Climb

Article content (Bloomberg) European shares ended little changed ahead of the Federal Reserve’s policy decision, while better-than-forecast earnings boosted banks. The Stoxx Europe 600 Index edged up less than 0.1% at the close. Banks led gains as Deutsche Bank AG jumped after raising its outlook, while Lloyds Banking Group Plc and Banco Santander SA posted results that beat estimates. Energy shares rose along with oil futures amid signs of stronger demand, while personal-care stocks fell the most. We apologize, but this video has failed to load. Try refreshing your browser, or European Shares Drop as Yields Rise Before Fed; Banks Climb Back to video

European Stocks Steady Amid Fed Focus as Banks Rise on Results

European Stocks Steady Amid Fed Focus as Banks Rise on Results This content was published on April 28, 2021 - 16:08 April 28, 2021 - 16:08 (Bloomberg) European shares ended little changed ahead of the Federal Reserve’s policy decision, while better-than-forecast earnings boosted banks. The Stoxx Europe 600 Index edged up less than 0.1% at the close. Banks led gains as Deutsche Bank AG jumped after raising its outlook, while Lloyds Banking Group Plc and Banco Santander SA posted results that beat estimates. Energy shares rose along with oil futures amid signs of stronger demand, while personal-care stocks fell the most. Europe’s benchmark has moved in a narrow range after dropping from an all-time high last week. With stocks rallying hard in anticipation of an earnings recovery, only strong beats are spurring investor cheer. Yields on 10-year Treasuries advanced, with investors awaiting the Fed’s rate decision due after the European market close for clues on the timing of

European Shares Trade Steady as Banks Rally on Earnings Beat

Article content (Bloomberg) European shares ended little changed ahead of the Federal Reserve’s policy decision, while better-than-forecast earnings boosted banks. The Stoxx Europe 600 Index edged up less than 0.1% at the close. Banks led gains as Deutsche Bank AG jumped after raising its outlook, while Lloyds Banking Group Plc and Banco Santander SA posted results that beat estimates. Energy shares rose along with oil futures amid signs of stronger demand, while personal-care stocks fell the most. We apologize, but this video has failed to load. Try refreshing your browser, or European Shares Trade Steady as Banks Rally on Earnings Beat Back to video

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