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Tag Archives: Europe

Italy leads Europe’s recovery after highlighting information

collected by :Tod Hinery   However, the greenback rose 0.4 percent on Thursday, hitting session highs after data showed the private sector added 253,000 jobs in May, above economists’ forecasts. Bank shares lagged slightly after two major U.S. lenders, JPMorgan and Bank of America, warned on Wednesday that low market …

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European stocks rose yesterday with Italy

European stocks rose yesterday with Italy setting the pace after a big upward revision in first-quarter economic growth. Stronger euro zone data has helped push the euro higher against the dollar of late, contributing to the US currency’s worst fortnight since March 2016. Italy’s FTSE MIB index was the top …

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Oil and gas shares have a 14% weighting on the FTSE 100

The FTSE 100 index UKX, +0.26% ended up 0.3% at 7,454.37, according to FactSet, surpassing its previous record close notched on Friday. Oil and gas shares have a 14% weighting on the FTSE 100, according to FactSet. The shares of the oil producers rose along with Brent and U.S. crude …

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BP shares rose 1.7 per cent after the oil major’s profit

Strong earnings have helped push shares higher across the globe this year. Investors were looking ahead to earnings from Apple , whose shares – along with those of other major tech companies – hit record highs on Monday. BP shares rose 1.7 per cent after the oil major’s first-quarter profit …

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