European Shares Open Higher On Energy Boost Eye Quarterly Gains

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Version vom 15. Mai 2024, 08:59 Uhr von MarquisKimpton4 (Diskussion | Beiträge) (Die Seite wurde neu angelegt: „March 28 (Reuters) - European shares inched higher at open on Thursday heading into the long Easter weekend break, on a boost from energy stocks, while the benchmark index was on course to end a second consecutive quarter in the green.<br><br>The pan-European STOXX 600 edged 0.1% up and eked out a fresh record high, as of 0823 GMT.<br><br>The benchmark index is eyeing a second straight quarter of gains, [https://www.crypto-vegas.com/games/multi-slots/cry…“)
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March 28 (Reuters) - European shares inched higher at open on Thursday heading into the long Easter weekend break, on a boost from energy stocks, while the benchmark index was on course to end a second consecutive quarter in the green.

The pan-European STOXX 600 edged 0.1% up and eked out a fresh record high, as of 0823 GMT.

The benchmark index is eyeing a second straight quarter of gains, https://www.crypto-vegas.com up 6.9% so far, fuelled by a rally in technology stocks on the back of artificial intelligence fervour and interest rate cut signals from major www.crypto-vegas.com central banks.

Oil and gas shares were the biggest boost, up 0.4% as oil prices advanced following two consecutive sessions of declines.

If you beloved this short article and you would like to acquire additional information pertaining to www.crypto-vegas.com kindly take a look at our web site. Market focus, however, squarely remains on the U.S. personal consumption expenditure data, due on Friday when markets are closed, to ascertain the Federal Reserve's timing of rate cuts, potentially setting the tone for other central banks.

Among stocks, JD Sports surged 8.3% to the top of STOXX 600 as the sportswear retailer said its pre-tax profit for the year ahead was in line with its guidance.

The stock lifted the broader retail sector up 0.7%.

caesars online casino slumped 62.5% after the French food retailer completed its financial restructuring and said a new leadership team formed around Czech billionaire Daniel Kretinsky was taking control.

(Reporting by Shristi Achar A in Bengaluru; Editing by Mrigank Dhaniwala)