Energy Stocks Lift European Markets to Nine-Week High - News Summed Up

Energy Stocks Lift European Markets to Nine-Week High


European stocks climbed to a nine-week high Tuesday after strong energy-sector earnings, while most Asian markets were closed for the Lunar New Year holiday. The Stoxx Europe 600 was up 0.7% in early trading, on course for its sixth consecutive day of gains as it was boosted by a 1.6% advance for stocks in oil-and-gas companies. BP shares jumped 3.8% after the oil giant reported better than expected results, while basic resources stocks also outperformed the broader index.


Source: Wall Street Journal February 05, 2019 09:21 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */