STOXX set for biggest weekly gain in three months
STOXX 600 up 0.4%
Bayer surges on court ruling
Wall St futures higher
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
STOXX SET FOR BIGGEST WEEKLY GAIN IN THREE MONTHS
The STOXX 600 .STOXX is rising 0.4%, on track for a weekly gain of 2.5% if it keeps up gains throughout the day. This would be the biggest weekly rise the index has clocked in three months.
The index is back to levels last seen on August 1, the day before U.S. jobs data triggered a dramatic market sell-off.
European autos .SXAP are lifting 1.2% today, perhaps reflecting the more optimistic growth outlook permeating markets following U.S. data this week. Nevertheless, the sector remains down 13% in the past three months, being one of the main cyclical spaces suffering during the recent rotation into defensives.
Personal and household goods .SXQP are the worst-off stocks today, down 0.2%.
As for single stock moves, the top mover is Nibe Industrier .NIBEb.ST, rising 12.3% after its Q2 report.
German-based life science company Bayer BAYGn.DE shares are adding 9.2% after it won a legal victory in its fight to limit liability from claims that its Roundup weed killer causes cancer.
(Lucy Raitano)
*****
FOR FRIDAY'S OTHER LIVE MARKETS POSTS
EUROPE HEADS FOR BUOYANT END TO THE WEEK CLICK HERE
GROWTH FEARS FADE AS QUICKLY AS THEY COME CLICK HERE
Nikkei Index https://reut.rs/3yGLuI0
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
