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Indonesia News Portal for Traders | Financial & Business Updates

14 October 2024 23:26  |

European stocks close higher; earnings in focus

European stocks closed higher Monday, taking cues from positive momentum stateside as traders looked ahead to a busy week of earnings.

The pan-European Stoxx 600 closed up 0.5% provisionally after a mixed start to the day and following a strong start to the U.S. trading session supported equity markets in the continent. Tech stocks climbed 1.7%, while travel and leisure stocks fell 0.7%.

The region’s major indexes had closed higher on Friday as investors assessed U.K. growth figures and looked ahead to the much-anticipated Chinese stimulus announcement over the weekend.

Source: CNBC

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