Thu. Dec 8th, 2022

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European markets choppy

1 min read
European stocks fluctuate

European stocks

The pan-European Stoxx 600 bounced either side of the flatline throughout the session and was up 0.2% by early afternoon trade. Banks added 2.5% to lead gains while healthcare stocks slid 0.5%.

Global markets had rallied on Monday as investors tracked reports of President Trump’s improving health, with the U.S. market seeing its strongest session in several weeks.

Early on Tuesday, U.S. stock futures were mixed with futures tied to the Dow Jones Industrial Average gaining more than 70 points while those on the S&P 500 and Nasdaq retreated slightly.

stocks in Asia-Pacific were higher in Tuesday trade as the Reserve Bank of Australia (RBA) kept its current policy settings on hold.

In a statement announcing the central bank’s monetary policy decision, RBA Governor Philip Lowe said: “The Board continues to consider how additional monetary easing could support jobs as the economy opens up further.”

In terms of individual share price moves, Rolls-Royce climbed 9.7% after signing a deal to build a gas plant for Dhamra LNG in India

At the bottom of the European blue-chip index, Logitech shares slid more than 5% after Bloomberg reported that Apple will stop selling earphones and speakers manufactured by rival companies ahead of its own launches.

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