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European stock markets ended in the green on Thursday, with investors putting at least temporarily the thorny issue of the trade war between the United States and China.
The indexes rebounded after a sharp decline the day before, helped by a certain appeasement of geopolitical and economic fears related to the Trump administration. The New York Stock Exchange advanced in the green mid-session: around 12:15 GMT the Dow Jones Industrial Average took 0.85% to 24,910.73 points, the Nasdaq 1.07% to 7,798.80 points and the broader index S & P 500 0.70% at 2,793.53 points. Press reports "evoke a possible resumption of dialogue between the United States and China on the trade front," commented badysts Charles Schwab, reducing the hypothesis of an escalation of sanctions between the two countries. [19659002] In addition, the support provided by US President Donald Trump to NATO after obtaining, according to him, the commitment of his allies to increase their military spending was also a source of optimism, said Chris Low of FTN Financial.
The Eurostoxx 50 gained 0.68%
In Paris, the CAC 40 took 0.97%, or 51.97 points at 5.405.90 points, in an average exchange volume of 3, 3 billion euros. In terms of values, Vivendi took the lead in the index (+ 5.44% to 21.52 euros), supported by positive comments from badysts. The automotive sector remained weakened by trade tensions. Renault finished at -0.16% to 73.26 euros and Peugeot to -0.19% to 20.97 euros. Michelin (+ 2.06% to 104.10 euros) rose after the announcement of the acquisition of the Canadian Camso. Carrefour fell (-2.98% to 13.19 euros), weakened by forecasts of several badysts for its first half. The Frankfurt Stock Exchange ended up, the Dax gaining 0.61%. The star index gained 75.84 points on the session to finish at 12.492.97 points. The MDax of average values took 0.68%, at 26,317.15 points.
On the value side, the German industrial gas producer Linde ended up (+ 1.77% to 212.80 euros) after the announcement of negotiations for the sale of a major part of its US badets
Thyssenkrupp has recovered (+ 1.31% to 20.90 euros). Lufthansa gained 0.25% to 20.13 euros. The London FTSE-100 index finished up 0.78%, or 59.37 points at 7,651.33 points. On the securities front, AstraZeneca led the charge and rose 3.50% to 5,434.00 pence, after the approval of one of its drugs by the Canadian Department of Health. The Sky media group gained 3.41% to 1.545,00 pence following the announcement of a bidding war by the US giant Comcast, which now offers $ 34 billion for its redemption. Side drops, the online distributor Ocado dropped 2.72% to 1,018.00 pence, the telecom giant BT lost 1.84% to 223.65 pence and the ITV group 1.044% to 175.60 pence. The Milan Stock Exchange ended in small rise, the flagship index FTSE Ebb taking 0.38% to 21,790 points. Brembo achieved the best performance (+ 2.13% to 11.99 euros). Terna followed (+ 1.98% to 4.75 euros), Ferrari (+ 1.93% to 118.65 euros) and Moncler (+ 1.92% to 38.2 euros). In contrast, Telecom Italia was again at half-mast (-2.75% to 0.6146 euros) after a recommendation from UBS. The Madrid Stock Exchange closed up 0.3% to 9762.4 points. Among the largest increases, Arcelor Mittal steel maker (+ 3.06% to 25.47 euros), the world No. 1 travel reservations Amadeus (+ 2.10% to 71.02 euros) and consultant Indra (+ 3.27% to 10.41 euros). The hard discount distributor Dia signs the biggest drop (-2.06% to 2.57 euros). The PSI 20 index of the Lisbon Stock Exchange ended down 0.05% at 5,633.88 points. Bank BCP ended almost stable at 0.04% to 0.26 euros and Galp Energia rose 0.91% to 16.86 euros. EDP Energias fell by 0.11% to 3.50 euros, its Renovaveis subsidiary by 0.06% to 9.00 euros and Jeronimo Martins yielded 1.02% to 12.58 euros. The AEX index of the Amsterdam Stock Exchange closed up 0.68% to 557.02 points. The steelmaker Arcelor Mittal gained 2.85% to 25.43 euros and the biotech company Galapagos took 2.32% to 85.44 euros. On the downside, insurer ASR Nederland lost 1.40% to 35.14 euros and Dutch paint specialist AkzoNobel yielded 0.62% to 73.34 euros. The Brussels Stock Exchange gained 0.57%, the Bel-20 index ending at 3,801.34 points. The arRGEN-X biotechnology company claims a record high of the day, gaining 3.16% to 75.10 euros.
The supermarket chain Colruyt ended in the red, losing 4.78% to 49.40 euros
The Swiss stock market ended sharply higher, with the SMI index of star values gaining 1.56% at 8,818.19 points.
Only one of the 20 index values ended in the red: the Management Bank Julius Baer (-1.78% to 57.52 CHF)
Pharmaceuticals ranked at the top of the table: Novartis + 4.06% to 78.94 CHF and its competitor Roche +3, 20% to CHF 230.45.
Wall Street ends up
The New York Stock Exchange ended up on Thursday, driven by technology and industrial stocks, with optimism about corporate earnings outpacing the trade tensions that had lowers the market the day before. The Dow Jones index finished up 224.44 points, or 0.91%, to 24,924.89 and the S & P-500, wider, gained 24.27 points or 0.87% to 2,798.29. The Nasdaq Composite was 107.31 points (1.39%) at 7.823.92, finishing close to a new high at 7.825 points. Technology benefited from their relative immunity to trade tensions, while industrials rebounded thanks to a lull on the front. After the new surtax threats that pushed down global stock markets on Wednesday, President Donald Trump gave a more conciliatory speech on Thursday and Beijing was restrained, while promising to defend itself. "The consensus is that the negotiations will resume and that there will be an agreement between the United States and China," said Quincy Krosby, a strategist at Prudential Financial in Newark, New Jersey. "It may be naïve but it's the feeling that is emerging in the market," she adds. The market was also supported by positive economic indicators in the United States, with new jobless claims falling to their lowest level in two months and a moderate price hike in June. "The economic news is good and the earnings season looks good," said Peter Cardillo, chief economist at Spartan Capital Securities in New York. "If trade tensions weaken, investors will focus on corporate earnings and this could trigger a powerful rally." The second quarter results are off to a good start on Friday with banks JP Morgan Chase & Co, Citigroup and Wells Fargo. In total, badysts expect S & P-500 companies to grow about 21 percent, according to estimates by Thomson Reuters I / B / E / S. A sign of calm, the CBOE index of volatility closed down 1.05 point to 12.58, its lowest close since June 18.
Broadcom plunges after the buyout of ca
Ten of the 11 major sector indices S & P-500 ended up in positive territory with technology leading, up 1.79% over the session and now better sectoral performance of 2018 Industrials took 1.12%, led by a Boeing rebound (+ 1.59%) and Caterpillar (+ 1.95%). The only sectoral decline was for utilities (-0.10%), which had outperformed recently, taking advantage of their defensive profile. In tech, Facebook (+ 2.16%), Microsoft (+ 2.17%) and Amazon (+ 2.37%) reached new records. Apple (+ 1.68%) and Alphabet (+ 2.54%) also supported the indices. Only decline in the club "FAANG" – large-cap technology – Netflix dropped 1.23% to 413.50 dollars after a lower recommendation from UBS, which is cautious about the results of the video specialist online expected Monday. The largest increase in the S & P-500, the software publisher CA jumped 18.65% to 44.15 dollars after the announcement of its acquisition for $ 18.9 billion by the group of semiconductors Broadcom. The latter has conversely dropped 13.74%, the worst performance of the S & P-500, the logic of the operation having left investors skeptical. Among other securities in sight, Intelsat jumped 12.50% after a decision by the US telecommunications regulator, the FCC (Federal Communications Commission), opening the way for the sale of frequencies held by the satellite operator. Before their results, Citigroup gained 0.88% and JP Morgan 0.43% but Wells Fargo yielded -0.07%. The S & P Financials Index rose 0.19%.
Delta Air Lines, the second-largest airline in the United States, gained 1.79% after quarterly earnings exceeded expectations.
Aetna health insurer posted 1.88 percent in response to press reports that the Justice Department will not contest its $ 69 billion merger with CVS Health announced last December.
Ilyas A .
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