European stocks eked out modest gains on Monday as weaker-than-expected April U.S. jobs report released on Friday boosted the case for rate cuts by the third quarter.
European stocks closed on a bright note on Monday, lifted by optimism about interest rate cuts by the Federal Reserve and the European Central Bank in the foreseeable future, and data showing improvement in Eurozone investor confidence and an acceleration in private sector growth.
European stocks may open on a buoyant note Friday as investors cheer Apple's strong earnings report. The manufacturer of the iPhone and other devices announced the largest ever share buyback in U.
European stocks inched higher on Friday after European Central Bank policymaker Yannis Stournaras said he sees three rate cuts in 2024. Stournaras reportedly said in an interview that three rate cuts in 2024 is the more likely scenario after considering recent growth and inflation data.
Despite spending much of the The Canadian market ended marginally up on Wednesday, with investors digesting quarterly earnings announcements, and the Federal Reserve's monetary policy announcement, and awaiting crucial U.