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European stocks fall as car shares skid

European stocks fell on Thursday as car industry shares came under pressure after the US launched an investigation into auto imports, while stocks were also weighed down by US president Donald Trump’s decision to cancel a summit with North Korean leader Kim Jong-un. Dublin The Iseq market closed flat as decent gains for many stocks […]

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Shares bounce on hopes for US-China breakthrough

European shares touched their highest level since the start of February on Tuesday as car makers and bank stocks climbed and Italian shares recovered. In London, the FTSE 100 hit its third record high in one week, with stocks buoyed by signs of continued improvement in the trading relationship between the US and China. US […]

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Shares rise as China’s Xi backs away from trade war

European shares rose on Tuesday after Chinese president Xi Jinping promised to cut import tariffs, fuelling optimism that a trade war between his country and the US could be averted. Gains were widespread, with the STOXX 600 closing up 0.82 per cent, slightly below Wall Street, where the S&P 500 was up 1.8 per cent […]

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European shares post worst quarter in two years despite M&A lift

Merger and acquisition activity gave European shares some relief on Thursday after a tech-led sell-off across global markets earlier in the week, but the Stoxx 600 still posted its worst quarter in the last two years. The Stoxx 600 ended the month on a positive note, up 0.44 points at 370.87 points, but closed the […]

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European shares open lower following Cohn’s departure

European shares opened lower on Wednesday after the resignation of Donald Trump’s economic adviser Gary Cohn, seen as a bulwark against protectionist forces within the US government. Earlier, the pan-European Stoxx 600 index was down 0.4 per cent while Wall Street futures were trading in negative territory. “Gary Cohn’s departure rattled markets and equity markets […]

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European shares bounce off six-month lows

European shares bounced off six-month lows on Tuesday as the focus shifted from politics to dealmaking and earnings, with paper and packaging stocks soaring after Smurfit Kappa rejected a bid approach. Telecom Italia jumped 5.9 per cent after activist investor Elliott confirmed it had built a stake in a bid to improve governance and strategy […]

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Trump’s tariffs plan batters industrial stocks

The Irish Stock Exchange in Dublin was closed on Friday due to the incelement weather. European shares fell to six-month lows after Donald Trump said the US would impose tariffs on imported steel and aluminium, prompting worries about a global trade war. Such concerns sparked a broad sell-off in Europe, weighing particularly on the export-oriented […]

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Stocks endure another day of volatility as US bond yields creep up

World stock markets remained volatile on Thursday, with Europe initially performing well before poor performance in the US dragged stocks down. Major US indices fell more than 1 per cent as US bond yields crept back towards four-year highs. The Iseq overall index fell 1.58 per cent in line with broader European markets. In the […]

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European shares ride high on strong economic growth

European shares hit their highest level in more than two years on Monday as confidence over global economic growth and mergers and acquisitions continued to boost investor appetite for stocks. In the US, the S&P 500 and the Dow struggled to edge higher, stalling the strong rally that marked the start of 2018, pressured by […]

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Best week since April for European shares as UK, Swiss indices hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index was up 0.8 per cent, holding at a two-month high, while euro zone blue chips […]

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