• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

9 September 2024 15:12  |

European Markets Start The Week on a Positive Note

European stocks were higher on Monday, shrugging off more negative sentiment on Wall Street and in Asia-Pacific markets.

The pan-European Stoxx 600 index was up 0.67% by 8:41 a.m. London time, with all sectors and major bourses trading in the green. Travel and leisure stocks led gains, up 1.69%, while tech was also 1.14% higher.

The higher open for regional markets comes after a lackluster start to the new trading week in the Asia-Pacific region. Markets there fell overnight, with Japan's Nikkei 225 leading losses in the region, after the weaker-than-expected U.S. jobs report on Friday.

U.S. nonfarm payrolls rose by 142,000, missing a 161,000 gain estimated by economists polled by Dow Jones. On the other hand, the unemployment rate edged down to 4.2%, in line with expectations. The data has stoked fears of a slowing labor market in the U.S.

Source : CNBC

Related News

MARKET UPDATE

Asia Shares Steady, Dollar Firm Before Jobs Test

Asian share markets got off to a quiet start on Monday as investors braced for a data-packed week culminating in a U.S. jobs ...

2 September 2024 07:47
MARKET UPDATE

Asian Stocks Tumble as Worry on US Economy Sinks Tech Shares

Asian equities slumped at the start of the new week, weighed down by losses in technology stocks on concerns over US economic...

9 September 2024 10:12
MARKET UPDATE

Dow Closes 600 Points Lower to Begin September, S&P 500 Drop...

Stocks tumbled Tuesday as technology names struggled and new economic data rekindled fears around the health of the economy. ...

4 September 2024 03:15
MARKET UPDATE

Dow falls more than 100 points as September trading begins

Stocks declined Tuesday as traders braced for a potentially tough month ahead after a strong but volatile August. The Dow J...

3 September 2024 20:34
BIAS23.com NM23 Ai