October 5, 2024

European Stocks Rise Supported by Energy Stocks

European stocks opened higher Friday, supported by energy stocks after crude oil prices jumped on fears of a wider conflict in the Middle East.

The European Stoxx 600 index rose 0.2 percent. However, it is heading for its worst week since September 2…

European Stocks Close Higher after US Jobs Data

European stocks closed higher Friday after stronger-than-expected US job growth and a drop in the unemployment rate to 4.1 percent, suggesting there is no need for a major interest rate cut until the end of the year.

The pan-European Stoxx 600 index …

US Stock Markets Close Higher

The major stock indices on the US Wall Street closed with gains at the end of today’s trading sessions.

The S and P 500 index rose by 50.59 points, or 0.89 percent, closing at 5,750.53 points.

The Nasdaq Composite increased by 216.85 points, or 1.21…

Beijing Objects to EU’s Additional Tariffs on Chinese EVs

China has urged the European Commission to take concrete actions to “implement its political will and get back to the right track of resolving trade frictions through consultations,” spokesperson of the Chinese Ministry of Commerce said on Friday.

Ch…