|Day's Range||5,211.76 - 5,276.74|
|52 Week Range||4,555.99 - 5,657.44|
Shares in luxury goods group LVMH briefly fell almost 9 percent at the open on Monday before recovering in what traders said was likely a "fat finger" erroneous trade. The shares on Paris' CAC 40 opened at 310.45 euros ($351.3) and fell to 285.7 euros, their lowest since Feb. 12 in the opening minutes. LVMH and Euronext, which operates the CAC 40 stock exchange, were not immediately available for comment.
Risk aversion hit the Asian markets early, pulling the European and U.S futures into the red. Bond yields did the damage, as bond yields tumbled.
Preliminary PMI figures for the eurozone missed analysts expectations, hitting markets in Europe, and driving German bund yields to below 0 for the first time in two years.
It’s a big day for the markets. Private sector PMI numbers out of Europe and the U.S will give some guidance on where the economy is heading.
A 2019 pause on interest rate hikes by the FED may not be enough should U.S – China trade talks lack progress. It could be a telling end to the week.
European shares retreated from near six-month highs on Wednesday, with German stocks leading losses as chemicals producer Bayer and carmaker BMW tumbled, and as the European Union resisted British Prime Minister Theresa May's plea to delay Brexit. The pan-European STOXX 600 index fell 0.9 percent as investors booked profits after five sessions of gains, with Bayer's near 10 percent slump weighing the most.
Markets in Europe drifted lower, led by German chemical company Bayer AG as a U.S. court judgement blamed Bayer’s weedkiller product Roundup for causing a case of cancer. German equities led the declines in Europe, with the DAX (DAX) falling 0.94% from Tuesday’s close to 11680.7, giving back Tuesday’s gains of 0.85%. The U.K.’s FTSE 100 (UK:UKX) was essentially flat at 7,321.7, having climbed 0.6% Tuesday.
European stocks get a lift as merger talk boosts autos and some banks gain ahead of the outcome of the Fed meeting.
MARKET SNAPSHOT European markets were modestly higher Monday, with gains led by the banking sector after German lenders Deutsche Bank AG and Commerzbank AG announced Sunday that they had entered merger discussions.
European markets were positive on Friday, as investors took stock of the latest U.K. parliamentary vote to ask E.U. leaders to extend Britain’s withdrawal from the E.U.
European markets gained on Thursday, as investors prepare for the U.K. parliament’s next Brexit vote on whether to extend Britain's March 29 deadline to leave the European Union
European markets struggled for direction on Wednesday, as investors reacted to U.K. Prime Minister Theresa May’s defeat over her revised agreement to leave the European Union
European markets were mixed on Tuesday, as investors wait for U.K. Prime Minister Theresa May’s revised Brexit deal to be accepted or rejected by parliament