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European stock markets close positively and recover from the previous day’s fall

The main European stock markets closed positively this Friday, recovered from the unfavorable data on the United States Consumer Price Index (CPI), released last Thursday.

The stock that rose the most was Paris, 1.05%, followed by Frankfurt 0.95 and Madrid 0.90%, while Milan gained 0.73% and London 0.64%.

The Eurostoxx 50, an index that groups together the companies with the highest stock market value listed in the euro zone, rose 0.85%, according to market data consulted by EFE.

All markets began the session on the rise, a trend that they maintained until the end of the day, having already recovered from the US CPI data, released yesterday, and which made them end the day with large losses.

This Friday it was the turn of Spanish and German inflation. In the case of Spain, the CPI fell one tenth in December to 3.1% year-on-year, while that of France increased two tenths compared to November in the year-on-year rate to reach 3.7%.

In the US, at the close of the European stock markets, the main Wall Street indicators were mixed: the Dow Jones fell 0.39%, while the Nasdaq rose 0.13% and the S&P 500 remained stable. without changes.

This Friday the business results of the US listed companies began to be published, of which the results of several banks stood out.

The Asian stock markets, for their part, closed with a mixed sign. The Nikkei in Tokyo rose 1.50%, while the Hang Seng fell 0.35% and the Shenzhen 0.64%.

As for the raw materials market, gold rose 1.23% at the end of the session in Europe to cost $2,053.96 per ounce, while the barrel of Brent rose 1.38% and changed to 78.48 Dollars.

The euro depreciated against the “greenback” and was trading at $1.0971.

For its part, bitcoin, the main cryptocurrency on the market, fell 5.65% to $43,550.

In the debt market, the yield on the German bond, considered the safest, fell 5 basis points and stood at 2.182%.

Source: Elcomercio

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