United Kingdom

Sruthi Shankar

UK quarantine moves, data knock European stocks lower

14 Aug 2020

European shares slid in thin summer trading on Friday as travel stocks slumped after Britain added more countries to its quarantine list, while weak data from across the globe raised doubts over the pace of economic recovery from the coronavirus crisis.

European stocks end four-day winning run as UK's FTSE drags

13 Aug 2020

European stocks broke a four-day winning streak on Thursday as ex-dividend trading and a stronger pound hit the UK's blue-chip companies, while investors sold off banks and energy stocks that have outperformed this week.

Telecoms M&A lifts Europe, FTSE rallies despite record GDP slump

12 Aug 2020

European stocks rallied on Wednesday as a billion-dollar takeover offer for Swiss firm Sunrise Communications boosted the telecom sector and investors looked past a collapse in Britain's quarterly economic output to bet on a stimulus-driven recovery.

European shares end near 3-week high as auto, travel sectors rally

11 Aug 2020

European stocks hit a near three-week high on Tuesday, as U.S. stimulus bets and encouraging data out of China and Germany galvanised growth-linked cyclical sectors like travel and leisure, banking and automakers.

Improving China data spurs mild gains in Europe as trade nerves persist

10 Aug 2020

European shares closed slightly higher on Monday as growth-sensitive cyclical stocks got a boost from improving economic data out of China, but renewed U.S.-China tensions hit technology shares.

European stocks end week with gains on telecoms, tech boost

07 Aug 2020

European shares closed higher on Friday, marking weekly gains as investors focused on a broadly supportive earnings season and improving economic data in Europe rather than rising U.S.-China tensions.

London stocks drag Europe lower as Glencore, oil stocks weigh

06 Aug 2020

European equities declined on Thursday as London stocks were sapped after Glencore scrapped its dividend and oil stocks slid, while investors kept a close eye on Washington for progress on U.S. stimulus.

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