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The European stock markets opened the session with slight increases of 0.20% after the advances recorded yesterday Tuesday by the New York Stock Exchange, the Dow Jones and the S&P 500 indices, while they continue to pay attention to business results and geopolitical risks. .
At the opening, the stock market that rose the most was the London one, 0.33%, followed by Frankfurt, with 0.24%; Paris, with 0.22%; Madrid, with 0.19%, and Milan, with 0.11%.
The Euro Stoxx50, an index in which the largest capitalization European companies are listed, also advanced 0.22%.
Wall Street closed in green this Tuesday and its main indicator, the Dow Jones Industrial Average, rose a slight 0.08% with the market pending new interest rate cuts by the Federal Reserve (Fed), while the S&P 500 gained 0.13%, and the Nasdaq fell 0.10% to 16,332 points.
In Asia, the Tokyo Stock Exchange closed this Wednesday with a drop of 1.63% in its main indicator, the Nikkei, weighed down by technology stocks, which followed the falls of their counterparts on Wall Street, the stock market’s benchmark index. Shanghai fell 0.61% and Shenzhen stock fell 1.35%.
The Topix, a broader selective that brings together the firms in the main section, those with the largest capitalization, also fell 1.45%.
Among the results known so far, those of Endesa stand out, which obtained a net result of 292 million euros in the first quarter of 2024, 50.8% lower than the same period of the previous year, or those of the technological services company of reserves Amadeus, which obtained a net profit of 313.9 million euros in the first quarter of this year, 19.6% more.
In the debt market, the interest on the ten-year German bond, considered the reference, rises to 2.4380%, while the Spanish long-term bond also falls to 3.221%.
Brent oil, the benchmark in Europe, fell 1% to $82.33, and West Texas Intermediate (WTI), the benchmark in the US, also fell 1.01% to $77.59 the barrel.
Gold, considered a safe haven asset in times of crisis, fell 0.10% and the price of a troy ounce is trading at $2,321.85.
Bitcoin, the best-known cryptocurrency on the market, fell 1.96% and stood at $63,358.4.
The euro depreciates a slight 0.09% and is exchanged at 1.0742 dollars.
Source: Elcomercio
I am John Casanova. I am an author at 24 news recorder and mostly cover economy news. I have a great interest in the stock market and have been writing about it for many years. I am also interested in real estate and have written several articles on the subject. I am a very experienced investor and have a lot of knowledge to share with others.
