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MercoPress, en Español

Montevideo, April 20th 2024 - 04:13 UTC

Tag: European stock markets

  • Friday, August 28th 2015 - 07:06 UTC

    US economy 2Q performance changes the mood of markets

    US economy growth overall was due to strong consumer and government spending, and higher exports, besides greater corporate investment.

    Shares rise and oil prices jumped 9% after revised figures showed the US economy grew by far more than had been thought between April and June. The economy grew by an annualized rate of 3.7%, up from the first estimate of 2.3%. Growth of 0.6% in the first three months of the year was not revised.

  • Saturday, June 13th 2015 - 07:17 UTC

    Global share markets slump as Greece nears a default cliff

    On Thursday officials from the International Monetary Fund (IMF) pulled out of talks with Greek politicians in Brussels, citing “major differences”.

    Shares on European stock markets have fallen amid reports that senior EU officials have discussed a possible Greek default for the first time. The Athens stock exchange closed on Friday nearly 6% lower. Germany's Dax and France's Cac 40 ended more than 1% lower. Shares also fell in the US, with the Dow Jones index dropping 0.8%.

  • Wednesday, August 14th 2013 - 20:16 UTC

    EU climbs out of 18-month recession led by Germany and France, but still fragile

    EC Vice-President Olli Rehn: the economy is gradually gaining momentum, but “there was no room for complacency”

    European stock markets mostly rose on Wednesday after official data showed that the Euro zone had finally escaped from a record 18-month recession. The Euro-zone climbed out of recession with surprisingly strong growth of 0.3 percent in the second quarter led by Germany and France, announced the European Union.