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LONDON — European stocks closed higher on Thursday, spurred on by overnight gains in Asia-Pacific markets. The pan-European Stoxx 600 ended the session up 1.25%, with most sectors and major bourses in positive territory. Household goods led gains, closing up around 4.6%, while mining and t...
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany on Aug 5. [Photo/Agencies] Concern in Europe about the health of the United States economy led to sharp falls in the continent's stock markets on Monday. The prospect of the world's largest eco...
According to CNBC, the European Commission will launch an “Excessive Deficit Procedure” against Italy. …a three-week negotiation period follows in which a potential agreement could be found on how to lower the deficit (essentially, Italy would have to re-submit an amended draft budget). If ...
China slaps export curbs on chipmaking metals in tech war warning to U.S, Europe | CNBC | China ordered export restrictions on two technology-critical elements in retaliation for new Western sanctions on its semiconductor industry. The restrictions, which take effect on August 1, will apply to...
A Tokyo-based semiconductor supplier,Renesas, is attempting to get its three plants back to volume production seen before the earthquake hit by Wednesday, CNBC reported. [...] Renesas is responsible for almost a third of the microcontroller chips that areused in cars around the world. ...
However, it remains to be seen whether the bloc’s watchdog will continue tackling similar threats independently and thus protecting the EU consumers’ rights by prohibiting price increases and making sure that they are well served by markets where a fair competition exists...
Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert forCNBC, Fox Business, Barron’s,andYahoo! Finance… But what Marc’s most known for is his award-winning stock-r...
Equity markets were more muted stateside, with theS&P 500trading flat despite two sets of softer U.S. labor market data boosting hopes of Federal Reserve rate cuts. Investors are now awaiting Friday's nonfarm payrolls report for May.
Short-sellers profit when a stock falls. They borrow shares to immediately sell them with plans to repurchase them later when the price is lower, making a profit from the difference. CNBC Pro subscribers can read more about the banking stocks short-sellers are eyeing here. — Ganesh Rao Fri...