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Tag: Wells Fargo

European shares rise, but Wall Street turns lower

A flutter of cautious optimism on global trade helped European shares advance on Friday, sealing their third straight week of gains, although a turn lower on Wall Street after disappointing earnings undid some of the early advances. Many investors were assessing their positions ahead of the weekend, with both the trade uncertainty and Middle East […]

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Global stocks extend biggest sell-off since 2016

Global stocks extended the biggest selloff since 2016, with European, US and Asian shares continuing last week’s decline. Equity investors are looking for confirmation that recent declines represent the healthy correction many had expected after the stellar start to the year, but moves on Monday suggest the sell-off is not done yet. The fresh downward […]

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Bank rally pushes markets up again

Global bond yields rose after Bloomberg reported that Chinese officials were said to be wary of American government debt, further roiling a bond market unnerved by a recent sell-off. This drove financial stocks across Europe higher and kept markets on winning run. Reduced asset purchases by the world’s top central banks, rising commodity prices and […]

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Iseq hits eight-month high as global markets cheer growth indicators

Irish shares rose to an eight-month high on Thursday, driven by CRH, Kingspan and Bank of Ireland, as equity markets globally surged on the back of strong data from the world’s largest economies. The Iseq overall index advanced 0.8 per cent to 7,126.57, a level last seen in May, while the pan-European Stoxx 600 index […]

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Iseq hits 8-month high as global markets cheer growth indicators

Irish shares rose to an eight-month high on Thursday, driven by CRH, Kingspan and Bank of Ireland, as equity markets globally surged on the back of strong data from the world’s largest economies. The Iseq overall index advanced 0.8 per cent to 7,126.57, a level last seen in May, while the pan-European Stoxx 600 index […]

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