European Stocks Rise to Record as Tech Shares Gain on U.S. Data
This content was published on May 7, 2021 - 16:07
May 7, 2021 - 16:07
(Bloomberg) European equities surged to a record on Friday, with the technology sector leading the advance, as weaker-than-expected U.S. jobs data eased concerns about faster inflation and that stimulus measures may be scaled back.
The Stoxx Europe 600 Index climbed 0.9% at the close, with most sectors in the green. Tech shares rose 2.2%, while travel shares outperformed too. Miners rallied with base metals.
Earnings moved the needle on some stocks. Adidas AG jumped 8.4% after lifting its 2021 sales forecasts. Siemens AG also rose after raising its revenue and profit guidance for the year, boosting the DAX Index.
Aircraft Seals Market
Segmentation:
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COVID-19 IMPACT Analysis on
Aircraft Seals Market
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;