European stocks closed higher on Wednesday, after positive U.S. jobs data helped to boost global sentiment further.» Read More
*Germany's Zalando, France's Cdiscount still to decide on IPO. "There is definitely a degree of optimism that hasn't been seen for some time," said Kate Ball-Dodd, a partner at law firm Mayer Brown who advises companies listing in London.
LONDON, Jan 9- Tesco, Marks& Spencer and Morrisons, three of the biggest names in British retailing, posted heavy falls in Christmas sales, showing few signs that their costly turnaround plans are working, and raising the pressure on their leaders.
European shares pared gains but closed higher on Thursday, a day after the Federal Reserve surprised markets by opting to maintain its $85 billion-per-month asset purchases.
European shares closed lower on Wednesday, mirroring losses in U.S. markets.
U.S. stock index futures were higher Wednesday, looking to bounce back after major averages slumped 1 percent in the previous session, as Europe markets gained and Asia markets trimmed earlier losses.
European shares pared their earlier gains to close narrowly mixed Wednesday as investors watched to see if Russia will extend or increase its loan agreement for struggling Cyprus.
European shares closed higher on Thursday afternoon after stronger-than-expected U.S. jobs data.
Hedge funds are betting that a prolonged consumer squeeze and a further shift to online shopping could spell trouble for Britain's retail chains.
European shares closed higher on Tuesday after a survey showed a sharp improvement in German investor and analyst sentiment.