European stocks edged higher, extending last week’s sharp rally, as investors awaited further clues on the U.S. economy from the Jackson Hole economic symposium.
David Trainer, founder and CEO of New Constructs, joins BNN Bloomberg to discuss his outlook on the markets amid uncertainty.
The Stoxx Europe 600 Index was up 0.3 per cent by 11:17 a.m. in London, after posting the strongest weekly gain since May. The basic resources and retail sectors outperformed, while health care stocks were the biggest laggards. Europe’s benchmark index is recovering after sliding since mid-July, as investors await further economic data for clues on the health of the global economy. An improvement in technical indicators also suggests investors are back in risk-on mode.
Pacific Rim Business Europe Top Europe France Germany Markets North America Stock Market News Top News United Kingdom Unites States World
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: US futures steady as countdown to Jackson Hole beginsStocks traded on both sides of the flat line on Friday after a strong week of gains had US stocks on pace for their best week of the year.
Read more »
Futures slip following last week's rally; Jackson Hole in sightAll three major indexes jumped last week as a bunch of economic data, including a consumer price index reading and a retail sales report, pointed to a soft...
Read more »
Morning Bid: Greenback in the red as Jackson Hole loomsThe volatility that rocked markets in early August appears to be back under control, and with the Kansas City Fed's Jackson Hole Symposium set to kick off on...
Read more »
Expect 'tough love' from Powell's Jackson Hole speech: EconomistFederal Reserve Chairman Jerome Powell will give his annual remarks at the Kansas City Fed's Jackson Hole Economic Symposium on Friday, August 23. Dreyfus...
Read more »
Investors look to Powell's Jackson Hole speech for clues about Fed’s first cutThe question facing Fed Chair Jay Powell and his colleagues as they gather this week for their annual Jackson Hole symposium is not whether they will cut...
Read more »
Asia Set for Steady Start Into Jackson Hole Week: Markets Wrap(Bloomberg) -- Asian stocks are set for a staid opening on Monday ahead of key central bank decisions in the region this week and the annual confab at...
Read more »