European shares ended a five-day winning streak on Monday as a slump in Barclays after a shareholder sold warrants in the company resulted in it leading both financial stocks and the broader market lower.
European shares posted their best weekly gain so far this year after rising for a fifth day on Friday, boosted by strong German data and growing expectations Greece will soon get the next dose of financial help.
European shares closed higher after choppy trade on Wednesday as investors watched for signs of progress on a delayed deal to unlock aid to keep Greece solvent.
European equities edged higher on Tuesday, building on the previous session's strong gains and bolstered by expectations that euro zone finance ministers will approve the next tranche of bailout cash for Greece.
The European stock indexes closed sharply higher on Monday on signs of progress in U.S. negotiations to avert the looming $600 billion “fiscal cliff” of tax hikes and spending cuts.
European shares closed down on Friday, with losses led by the banking sector, in tandem with weakness on Wall Street due to ongoing concerns about the U.S. fiscal policy outlook.
European stocks ended lower on Thursday, with a key index hitting a two-month low, as data that showed the euro zone had slipped into recession again spooked investors.
Bargain-hunting and talk of a financial aid deal for Greece pushed European shares into a positive close, despite gloomy German data and negative corporate news.
European shares ended lower for a fourth straight session on Monday, with mounting uncertainties related to a looming U.S. fiscal crisis and the next tranche of aid for Greece hurting investor sentiment.
European stocks trimmed losses on Friday to close narrowly in the black after a batch of positive U.S. data suggested the world's largest economy grew more than initially estimated in the third quarter.
European equities ended slightly down on Thursday following a roller-coaster session marked by brisk volume, with rekindled worries about Greece keeping investors on edge.
European shares reversed course on Wednesday to close lower, after data showed weak German industrial production. European indexes had rallied in the morning session after U.S. President Barack Obama won re-election.
European equities were lifted by a clutch of strong earnings reports on Tuesday, although volumes were subdued as many preferred to wait for the outcome of the neck-and-neck U.S. Presidential campaign.
The European markets closed lower on Monday as investors remained cautious ahead of Tuesday’s U.S. presidential election. Investors across the globe are nervous as to how the U.S. will contend with an automatic $600 billion in spending cuts and tax hikes at the end of the year — known as the fiscal cliff — after the election.
The listing of Russia’ largest bank Sberbank on the London Stock Exchange, raising some $5 billion, is just the beginning of a wider trend and shows how Russian state-owned businesses are increasingly turning towards privatization, Anton Karamzin, deputy chairman and CFO of Sberbank, told CNBC.
European markets are set for a mixed open on Wednesday after the Catalonian region in Spain asked for a financial lifeline from the national government, raising concerns that the country itself will soon ask for a bailout.
European markets are called to open in negative territory on Tuesday as the debate continues over how far the European Central Bank (ECB) can, or will, go to save the euro zone.