Nikkei 14,417.68 +420.87 +3.01%
Hang Seng 22,696.01 +24.75 +0.11%
Shanghai Composite 2,105.12 +3.52 +0.17%
S&P 1,862.31 +19.33 +1.05%
NASDAQ 4,086.23 +52.06 +1.29%
Dow 16,424.85 +162.29 +1.00%
FTSE 1,322.56 +15.71 +1.20%
CAC 4,405.66 +60.31 +1.39%
DAX 9,317.82 +144.11 +1.57%European stocks rose the most in six weeks as companies from Tesco Plc to Syngenta (SYNN) AG reported financial results and as data showed American housing and industrial activity increased.
The Stoxx Europe 600 Index advanced 1.3 percent to 330.82 at the close of trading. The benchmark measure slid 1 percent yesterday as Ukraine accused Russia of deploying troops inside its territory and as German investor confidence fell for a fourth month. The equity gauge has gained 0.8 percent this year.
National benchmark indexes rose in all western-European markets except Iceland. The U.K.’s FTSE 100 increased 0.7 percent, France’s CAC 40 climbed 1.4 percent and Germany’s DAX rallied 1.6 percent.
A U.S. report in Washington showed housing starts rebounded to a 946,000 annualized pace in March, the first increase in four months, from a revised 920,000 rate in February. That fell short of the median forecast of economists surveyed by Bloomberg that called for 970,000. Separate data showed industrial production increased in March more than projected.
Tesco climbed 2.6 percent to 293.8 pence. The U.K.’s largest retailer reported group trading profit of 3.32 billion pounds ($5.6 billion) in the year through Feb. 22, exceeding the 3.23 billion pounds projected by analysts.
Syngenta gained 2.3 percent to 344.20 Swiss francs, its highest price since Jan. 23. The world’s largest maker of crop chemicals said quarterly sales rose 5 percent to $4.68 billion, in line analysts’ estimates. Syngenta also confirmed its full-year sales target.
ASML declined 5.3 percent to 58.50 euros. Revenue this quarter will be about 1.6 billion euros, Europe’s largest semiconductor-equipment supplier said. Analysts predict 1.7 billion euros, the average of projections compiled by Bloomberg.
Credit Suisse Group AG lost 1.5 percent to 27.42 francs. The second-biggest Swiss bank said lower investment-bank profit led to a 34 percent drop in first-quarter net income to 859 million francs ($974 million). That missed the 1.09 billion-franc average estimate in a Bloomberg survey of analysts.
U.S. stock futures rose as Yahoo! Inc. led gains by technology companies after earnings topped estimates.
Global markets:
Nikkei 14,417.68 +420.87 +3.01%
Hang Seng 22,696.01 +24.75 +0.11%
Shanghai Composite 2,105.12 +3.52 +0.17%
FTSE 6,571.24 +29.63 +0.45%
CAC 4,388.58 +43.23 +0.99%
DAX 9,268.76 +95.05 +1.04%
Crude oil $104.67 (+0.88%)
Gold $1305.00 (+0.36%)
European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased. U.S. index futures and Asian shares climbed.
The Stoxx Europe 600 Index advanced 0.9 percent. The benchmark gauge slid 1 percent yesterday as Ukraine accused Russia of deploying troops inside its territory and as German investor confidence fell for a fourth month.
A U.S. report may show housing starts rebounded to a 970,000 annualized pace in March, the first increase in four months, from a 907,000 rate in the previous month, according to the median forecast of economists. Separate data may show industrial production increased in March.
Federal Reserve Chair Janet Yellen will address the Economic Club of New York after the close of European markets. The U.S. central bank will also release its economic survey known as the Beige Book.
A report from China showed the world’s second-largest economy posted faster-than-expected growth in the first quarter. Another release showed industrial-output growth in March missed projections.
Tesco climbed 4 percent to 297.8 pence. The U.K.’s largest retailer reported group trading profit of 3.32 billion pounds ($5.6 billion) in the year through Feb. 22, exceeding the 3.23 billion pounds projected by analysts.
Syngenta gained 1.7 percent to 342.2 Swiss francs. The world’s largest maker of crop chemicals said quarterly sales rose 5 percent to $4.68 billion, in line analysts’ estimates.
Burberry Group Plc gained 1.3 percent to 1,440 pence. The U.K.’s largest luxury-goods maker said second-half comparable sales increased 12 percent, surpassing the 10.5 percent increase estimated by analysts.
Credit Suisse lost 1.9 percent to 27.31 francs. The second-biggest Swiss bank said lower investment-bank profit led to a drop in first-quarter net income to 859 million francs ($976 million). That missed the 1.09 billion-franc average estimate.
ASML (ASML) declined 5.8 percent to 58.20 euros. Revenue this quarter will be about 1.6 billion euros ($2.2 billion), the company said. Analysts predict 1.7 billion euros, the average of projections.
FTSE 100 6,567.32 +25.71 +0.39%
CAC 40 4,388.19 +42.84 +0.99%
DAX 9,260.57 +86.86 +0.95%
Asian stocks rose for the first time in four days amid a rally in telecommunication shares and as investors weighed prospects for stimulus after China’s economic growth slowed to the weakest pace in six quarters.
Nikkei 225 14,417.68 +420.87 +3.01%
S&P/ASX 200 5,420.3 +32.14 +0.60%
Shanghai Composite 2,101.1 -0.50 -0.02%
SoftBank Corp., which owns about 37 percent of Alibaba Group Holding Ltd., surged 8.5 percent in Tokyo after Alibaba posted its fifth straight gain in quarterly profit.
Telecommunications firms rose the most of the 10 industry groups on the benchmark regional gauge.
Yahoo Japan Corp. advanced 4.3 percent.
Iluka Resources Ltd. slumped 6.8 percent in Sydney after zircon output missed estimates.
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.