european stocks slip in opening christmas eve trade
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

European stocks slip in opening Christmas Eve trade

Arab Today, arab today

Arab Today, arab today European stocks slip in opening Christmas Eve trade

Volumes were however low
New York - AFP

 European stock markets dipped at the start of Christmas Eve trading on Wednesday, after a global rally that was sparked by stellar economic growth figures from the United States.
Volumes were however low, with most investors away for the festive break, and with London and Paris open only for a half-day session.
In initial deals, London's benchmark FTSE 100 index slid 0.08 percent to 6,592.72 points and in Paris the CAC 40 shed 0.12 percent to 4,309.75 compared with Tuesday's close.
"It’s Christmas Eve and the human beings that drive European markets, even those programming the algorithms are turning their attention to subjects far-removed from the daily price swings," said CMC Markets analyst Jasper Lawler.
"Stock markets hours are reduced across Europe and volume should be a fraction of its normal levels."
The Frankfurt stock exchange was shut on Wednesday. Germany's DAX 30 had risen 0.57 percent Tuesday to close at 9,922.11 points in its last trading day before the holiday.
World stock markets had soared Tuesday, propelled by official data showing that US gross domestic product (GDP) grew at 5.0 percent in the third quarter.
That marked a major upgrade from the previous growth estimate of 3.9 percent, and outstripped analyst predictions of 4.3 percent.
European equities jumped Tuesday on Wall Street's coat-tails as the Dow shot above 18,000 points for the first time on the GDP surprise, while the euro slumped.
Wall Street hit fresh records, extending last week's "Santa Claus rally", with the Dow Jones Industrial Average closing above 18,000 for the first time ever and the S&P 500 setting a new high.
It also supported the dollar, which advanced on renewed hopes the US Federal Reserve will raise interest rates before other leading central banks in mid-2015.

 


 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european stocks slip in opening christmas eve trade european stocks slip in opening christmas eve trade

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

european stocks slip in opening christmas eve trade european stocks slip in opening christmas eve trade

 



GMT 08:40 2017 Sunday ,24 December

Hurting Madrid refuse to throw in the towel - Zidane

GMT 12:54 2016 Monday ,19 September

Munich's Oktoberfest opens amid tight security

GMT 10:06 2016 Friday ,19 August

Murray survives grueling day for top seeds

GMT 12:12 2017 Saturday ,05 August

Pakistani Premier meets British FM

GMT 20:00 2017 Thursday ,19 October

Egypt to tackle overpopulation

GMT 03:07 2018 Friday ,19 January

Amazonians want pope to come to their defense

GMT 09:13 2018 Tuesday ,16 January

Volkswagen reports record global car sales

GMT 13:50 2017 Saturday ,11 February

Tanzanian president appoints new anti-narcotics team
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday