Tag: STOXX Europe 600 Index

Airline stocks gain altitude as Europe plans to welcome more overseas tourists

Airline stocks flew higher on Tuesday, as the European Union moved to welcome foreign tourists to the region, a sign that more normal travel and tourism conditions can resume as COVID-19 vaccinations become more widespread. Shares in British Airways owner IAG IAG, +2.14%, Air France-KLM AF, +1.00%, Lufthansa LHA, +3.03%, Ryanair RYA, +0.15%, EasyJet EZJ, […]

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Don’t bail on stocks now, says world’s top fund manager BlackRock

Another mega earnings day is already under way, with Microsoft and Alphabet coming later, while the Federal Reserve kicks off its two-day policy meeting. So another day, another record for Wall Street? Stock futures aren’t committing just yet, and investors may be starting to wonder if a peak-everything moment is getting close. “Stock valuations are […]

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European stocks struggle for traction. Shares of LVMH and SAP climb on results

European stocks struggled for traction on Wednesday, as investors mulled concerns over COVID-19 vaccines and looked toward the start of earnings season. Shares of SAP and LVMH Moet Hennessey and easyJet climbed on well-received results. The Stoxx Europe 600 index SXXP, +0.12% inched up 0.1% to 436.33, after a modest move up on Tuesday. The […]

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