Europe Finishes Sharply Lower After Tillerson Ousting Rattles Markets

The pan-European STOXX 600 extended losses, provisionally closing down some 1.07 percent, with almost all sectors ending the day in negative territory.

In markets, all major bourses posted solid losses, with the U.K.’s FTSE 100 slipping 1.05 percent, France’s CAC 40 falling 0.64 percent and Germany’s DAX dropping 1.59 percent.

Source: CNBC

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DAX Finishes 2% Lower as European Stocks Wrestle With Earnings, U.S. Monetary Policy

Stocks across Europe ended with a third straight loss Thursday, falling amid a batch of lackluster corporate earnings reports.

Investors also focused on Federal Reserve Chairman Jerome Powell, looking for further hints about U.S. interest-rate policy.

The Stoxx Europe 600 index slumped 1.3% to close at 374.86. On Wednesday, the pan-European benchmark fell 0.7%, and marked a 4% pullback for February.

Germany’s DAX 30 index tumbled 2% to 12,190.94, and France’s CAC 40 fell 1.1% to 5,262.56.

The U.K.’s FTSE 100 lost 0.8% to end at 7,175.64, and Italy’s FTSE MIB was down 0.7% at 22,448.38. Italy will hold a general election on Sunday.

Source : Market Watch

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Dow, S&P 500 end at a records but Nasdaq finishes flat in choppy trade

The Dow Jones Industrial Average finished firmly higher on Thursday buoyed by stronger-than-expected quarterly results in a pair of industrial heavyweights, but the day’s trade wasn’t without its bumps.

The Dow closed up 140 points, or 0.5%, to end at 26,392, marking a fresh all-time high for the blue-chip benchmark. It had slipped in to negative territory in the morning. Dow components Boeing Co. and 3M Co. combined to contribute about 90 points to the average.

Meanwhile, the S&P 500 index also closed with a slight gain but enough to log a record, up less than 0.1%, at 2,839.

The Nasdaq Composite Index however, finished in negative territory but mostly flat on the day as technology shares have bounced around over the past two sessions.

Investors reacted mostly to upbeat earnings but comments from an interview from President Donald Trump, where he endorsed a strong dollar added to day’s volatility, pushing the dollar gauge into positive territory and off a three-year low.

Source: Marketwatch

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