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

European stocks rise to 6-week high on strong German data

Economies.com
2019-09-09 12:29PM UTC

European stocks opened higher today, extending gains for the fourth consecutive session to a 6-week high, as the German market surged on strong exports data, while London's stocks exchange fell unlike the uptrend in Europe, ahead of an emergency session in the British Parliament.

 

As of 10:35 GMT, stoxx Europe 600 Index rose by 0.1%, to the highest level since July 1st, while the index closed higher by 0.2%, its third straight daily gain, while it gained 1.7% during last week, after the US-China trade war fears eased.

 

While the index opened higher today, to extend its gains for the fourth consecutive session to a 6-week high, with most of the European markets and sectors surging.

 

In Germany, the DAX rose by 0.3% the highest gainer in Europe, on strong exports data in July.

 

Berlin's exports rose 0.7% in July, contrary to experts' expectations for a 0.5% decline. Exports fell 0.1% in June, easing fears of a recession in the euro zone's largest economy.

 

Germany's exports rose by 0.7%, beating forecasts of a drop by 0.5%, vs. a drop by 0.1% in June, which eased the market's concerns about a recession in the German economy.

 

S&P 500 futures rose by 0.2%, the highest level since August 1st, ahead of Wall Street opening, while it closed higher by 0.1% on Friday.

 

Euro Stoxx 50 rose by 0.1%, France's CAC 40 rose by 0.1%.

 

London's FTSE 100 fell by 0.6%, due to an emergency session of the British parliament, which will be held this evening in an attempt to force PM Boris Johnson to abide by a new law that would force him to seek to extend the Brexit deadline if no agreement is reached with EU before October 31st.

European Market News

Americas News

Markets

Wall Street inches up amid Trump's trade threats
2025-07-14 15:39PM UTC
U.S. stock indices rose slightly on Monday after a weak opening, as markets digested ongoing trade ...
Americas News

Markets

Wall Street loses ground amid mounting tariff war
2025-07-11 15:29PM UTC
U.S. stock indices declined during Friday trading as the global trade war between the United States ...
Americas News

Markets

Wall Street maintains gains, NASDAQ marks another record close
2025-07-09 20:30PM UTC
US stock indices climbed during Wednesday’s session and held onto their gains following the ...