European stocks advanced, rebounding after the Stoxx Europe 600 Index fell to its lowest level in more than six weeks yesterday, as a U.S. report showed employers added more workers last month than forecast.
The Stoxx 600 climbed 1.3 percent to 295.4 at the close of trading. The benchmark gauge still fell 1.8 percent this week, its biggest weekly drop since April, amid growing speculation the Federal Reserve will scale back monetary stimulus measures as soon as September.
Payrolls in the world's biggest economy rose 175,000 in May after a revised 149,000 increase in April that was smaller than first estimated, a report from the Labour Department showed. The median forecast called for a 163,000 gain last month. The unemployment rate rose to 7.6 percent from a four-year low of 7.5 percent as more Americans entered the labour force.
Curtail StimulusFed Chairman Ben S. Bernanke in May suggested the central bank could curtail its bond buying if the job market improves in a "real and sustainable way."
In Germany, the Bundesbank cut its forecasts for growth in Europe's largest economy for this year and next. The Frankfurt-based central bank reduced its 2013 growth projection to 0.3 percent from the 0.4 percent predicted in December, and said the economy would expand by 1.5 percent in 2014, compared with the previous estimate of 1.9 percent.
National benchmark indexes gained in 16 of the 18 western-European markets today.
FTSE 100 6,411.99 +75.88 +1.20% CAC 40 3,872.59 +58.31 +1.53% DAX 8,254.68 +155.87 +1.92%
Severn Trent rallied 2.5 percent to 2,070 pence in London after a consortium of investors including Kuwait Investment Office, Borealis Infrastructure Management Inc. and Britain's Universities Superannuation Scheme raised their offer for the U.K. utility to 5.3 billion pounds ($8.22 billion).
Elan gained 5.3 percent to 9.97 euros in Dublin after Royalty Pharma increased its offer to buy the Irish drugmaker by 5 percent to $6.7 billion. The all-cash bid of $13 per American depositary receipt is higher than a previous bid of $12.50 and compares with the $12.68 closing price on June 6.
KPN rallied 6 percent to 1.55 euros. Sanford Bernstein raised its recommendation on the Dutch phone operator partly owned by Carlos Slim's America Movil SAB to outperform from market perform, meaning investors should buy the shares.
Ipsen rose 2.1 percent to 27.60 euros after Goldman Sachs upgraded its rating on the French drugmaker to buy from neutral, citing a turning point in its transition to growth.
Belgacom SA added 2.9 percent to 17.44 euros. Morgan Stanley raised the stock to equal weight from underweight, saying the stock has fallen 30 percent from its peak last year and that even if it cut its dividend by about 31 percent, it would still yield 9 percent.
Hochtief AG (HOT) declined 2 percent to 50.58 euros. Berenberg Bank AG reduced its recommendation on Germany's biggest builder to hold from buy, citing a worsening outlook for Australian construction and mining.
U.S. stock-index futures rose after a report showed employment
increased more than forecast in May and the jobless rate climbed
from a four-year low as more Americans entered the labor
force.
Global Stocks:
Nikkei 12,877.53 -26.49 -0.21%
Hang Seng 21,575.26 -263.17 -1.21%
Shanghai Composite 2,210.9 -31.21 -1.39%
FTSE 6,365.97 +29.86 +0.47%
CAC 3,835.1 +20.82 +0.55%
DAX 8,150.07 +51.26 +0.63%
Crude oil $94.09 -0.71%
Gold $1392.80 -1.62%
Upgrades:
Downgrades:
Intel (INTC) downgraded from Neutral to Underweight at Piper Jaffray
Other:
Microsoft (MSFT) reiterated at Outperform at Oppenheimer, target raised from $34 to $39
European stocks were little changed, after the Stoxx Europe 600 Index fell to its lowest level in more than six weeks, as investors awaited U.S. labor data.
In Germany, the Bundesbank cut its forecasts for growth in Europe's largest economy for this year and next. The Frankfurt-based central bank reduced its 2013 growth projection to 0.3 percent from the 0.4 percent predicted in December, and said the economy would expand by 1.5 percent in 2014, compared with the previous estimate of 1.9 percent.
KPN rallied 5.1 percent to 1.53 euros. Sanford Bernstein raised its recommendation on the Dutch phone operator partly owned by Carlos Slim's America Movil SAB to outperform from market perform, meaning investors should buy the shares.
Ipsen rose 2.1 percent to 27.61 euros after Goldman Sachs upgraded its rating on the French drugmaker to buy from neutral, citing a turning point in its transition to growth.
Deutsche Telekom climbed 0.9 percent to 8.76 euros. Ulrich Rathe, an analyst at Jefferies, raised the stock to buy from hold and increased his price estimate by 23 percent to 9.70 euros, citing the company's structural changes.
FTSE 100 6,327.36 -8.75 -0.14%
CAC 40 3,808.97 -5.31 -0.14%
DAX 8,069.99 -28.82 -0.36%
Most Asian
stocks dropped as Japanese exporters retreated after the yen's
biggest surge in three years weighed on their earnings outlook.
Japan's Topix index pared declines as the Government Pension
Investment Fund held a briefing about proposed
changes.
Nikkei 225 12,877.53 -26.49 -0.21%
S&P/ASX 200 4,737.7 -43.47 -0.91%
Shanghai Composite 2,210.9 -31.21 -1.39%
Honda Motor Co., which gets 83 percent of its sales overseas, slipped 3.9 percent.
Newcrest Mining Ltd. slumped 7.6 percent as Australia's biggest gold producer said it will write down the value of its mines by as much as A$6 billion ($5.7 billion).
Texhong Textile Group Ltd. surged 8 percent toward a record in Hong Kong after the fabric maker said earnings may jump.
Change % Change
Last
Nikkei 225 12,904.02 -110.85 -0.85%
S&P/ASX 200 4,781.2 -54.01 -1.12%
Shanghai Composite 2,242.9 -28.03 -1.23%
FTSE 100 6,336.11 -83.20 -1.30%
CAC 40 3,814.28 -38.16 -0.99%
DAX 8,098.81 -97.37 -1.19%
Dow +80.03 15,040.62 +0.53%
Nasdaq +22.57 3,424.05 +0.66%
S&P +13.59 1,622.49 +0.84%
© 2000-2026. Bản quyền Teletrade.
Trang web này được quản lý bởi Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Thông tin trên trang web không phải là cơ sở để đưa ra quyết định đầu tư và chỉ được cung cấp cho mục đích làm quen.
Giao dịch trên thị trường tài chính (đặc biệt là giao dịch sử dụng các công cụ biên) mở ra những cơ hội lớn và tạo điều kiện cho các nhà đầu tư sẵn sàng mạo hiểm để thu lợi nhuận, tuy nhiên nó mang trong mình nguy cơ rủi ro khá cao. Chính vì vậy trước khi tiến hành giao dịch cần phải xem xét mọi mặt vấn đề chấp nhận tiến hành giao dịch cụ thể xét theo quan điểm của nguồn lực tài chính sẵn có và mức độ am hiểu thị trường tài chính.
Sử dụng thông tin: sử dụng toàn bộ hay riêng biệt các dữ liệu trên trang web của công ty TeleTrade như một nguồn cung cấp thông tin nhất định. Việc sử dụng tư liệu từ trang web cần kèm theo liên kết đến trang teletrade.vn. Việc tự động thu thập số liệu cũng như thông tin từ trang web TeleTrade đều không được phép.
Xin vui lòng liên hệ với pr@teletrade.global nếu có câu hỏi.