European stocks opened higher Thursday, with traders anticipating that the European Central Bank will cut borrowing costs for the euro area for the first time since September 2019.
European markets
The pan-European Stoxx 600 was up 0.6% in early deals, with all major bourses and the vast majority of sectors in the green. Tech stocks jumped 1.7% while utilities were a rare outlier, down 0.7%.
Although the ECB is widely expected to cut interest rates when policymakers meet, investors will be watching closely to see whether a slightly higher-than-expected euro zone inflation print released last Friday affects the central bank's decision-making.
In any case, the ECB meeting has fired up markets elsewhere; Asia-Pacific stocks rose overnight as investors awaited the central bank's rate cut, while softer U.S. labor market data on Wednesday fueled hopes that the U.S. Federal Reserve might follow suit, boosting market sentiment.
Read more
U.S. stock futures were little changed in overnight trading after the S&P 500 notched a new record closing high thanks to a rally in artificial intelligence chip darling Nvidia.
https://news.google.com/rss/articles/CBMiYGh0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjQvMDYvMDYvZXVyb3BlYW4tbWFya2V0cy1lY2ItaW50ZXJlc3QtcmF0ZS1kZWNpc2lvbi13YXRjaGVkLWNsb3NlbHkuaHRtbNIBZGh0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDI0LzA2LzA2L2V1cm9wZWFuLW1hcmtldHMtZWNiLWludGVyZXN0LXJhdGUtZGVjaXNpb24td2F0Y2hlZC1jbG9zZWx5Lmh0bWw?oc=5
2024-06-06 04:20:16Z
CBMiYGh0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjQvMDYvMDYvZXVyb3BlYW4tbWFya2V0cy1lY2ItaW50ZXJlc3QtcmF0ZS1kZWNpc2lvbi13YXRjaGVkLWNsb3NlbHkuaHRtbNIBZGh0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDI0LzA2LzA2L2V1cm9wZWFuLW1hcmtldHMtZWNiLWludGVyZXN0LXJhdGUtZGVjaXNpb24td2F0Y2hlZC1jbG9zZWx5Lmh0bWw
Tidak ada komentar:
Posting Komentar