Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

European stocks rise led by miners

Economies.com
2021-04-26 12:18 UTC

European stocks rose on Monday, to head for the third daily gain in 4 days, following Wall Street's rally, in addition to strong gains in the mining sector, but those gains are being curbed amid anticipation of the earnings reports flow and a rebound in the US T-bond yields ahead of the Fed meeting.

 

The Stoxx Europe 600 index rose 0.2% as of 11:12 GMT, after closing lower by 0.1% on Friday.

 

The pan European index lost 0.8% last week, posting its first weekly loss in 2 months, on profit-taking after hitting its all-time high at 443.6 points.

 

The mining saw the largest gains in Europe today, with a jump of more than 1%, as most of the sector's shares rebounded.

 

S&P 500 futures rose more than 0.1%, ahead of Wall Street opening after the index closed higher by 1.1% on Friday.

 

The 10-year Treasury yield rose 2.5% to nearly 1-week high at 1.599%, which weighs down on market's risk appetite.

 

This comes ahead of the US Federal Reserve’s monetary policy meeting on Tuesday, amid anticipation of more clues about the pace of the US inflation and the future of interest rates.

 

Back to Europe, the Euro Stoxx 50 index rose 0.1%, France's CAC 40 rose 0.3%, Germany's DAX rose 0.1%, and the UK's FTSE 100 added 0.2%.

European Market News

Americas News

Markets

US stocks rise after weaker jobs data ease concerns over interest-rate hikes
2026-07-02 15:15 UTC
Major Wall Street indexes advanced on Thursday after the June US jobs report came in weaker than ...
Americas News

Markets

US stocks slip at the start of the second half of the year
2026-07-01 14:39 UTC
Major Wall Street indexes opened lower on Wednesday as renewed tensions between the United States ...
Americas News

Markets

US stocks head for strongest quarterly gain in years
2026-06-30 14:45 UTC
Major Wall Street indexes remained on track Tuesday to close June with their strongest quarterly ...