European stocks followed Asian indices lower on Tuesday as the price of oil declined sharply. By late morning in London, the FTSE 100 was down 1.65% at 5,959.95. In Frankfurt, investors shaved 1.19% off the value of the DAX, which fell to 9,642.06, and in Paris the CAC 40 … More Market’s brief..
Stock and oil prices rebounded in choppy trading on Tuesday on hopes oil producers will cut output to address the supply glut that has punished equity markets and pushed crude values to 12-year lows.Investors also awaited more clues to whether the Federal Reserve and other central banks will help stabilize markets that have been roiled … More Global brief for the last past days..
European stocks pushed higher Thursday, after the U.S. Federal Reserve indicated the world’s largest economy looks healthy enough to withstand a modest rise in borrowing rates. Tracking a global rise in equities, the Stoxx Europe 600 SXXP, +0.99% climbed 1.1% to 383.60, with all sectors moving higher. Stocks were coming back from … More European stocks jump as Fed signals readiness for a rate hike