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How Did European Stocks Close?

Jul 06, 2018

European Stocks ended slightly higher today, with the Euro Stoxx 600 +0.20%, the FTSE 100 +0.19%, the DAX +0.26%, and the CAC40 +0.18%. Periphery markets ended mixed, with Italy’s MIB +0.05%, Spain’s IBEX +0.39%, and Portugal’s PSI 20 +0.55% ending higher, while Greece’s ASE -0.20% declined. The VSTOXX ended down 99 basis points, or -6.28%, to 14.74. Yield on the UK 10 year was little changed, up 0.2 basis points to 1.265%, while the yield on the Italian 10-year rose 0.2 basis points to 2.717%.

Stocks Trending in the News

Airbus SE (ENXTPA:AIR) CEO Tom Enders has continually increased his criticism of the UK government regarding its handling of Brexit negotiations. Enders warns that PM Theresa May’s administration has “no clue or consensus on how to execute Brexit without severe harm”. Shares of Airbus SE traded 0.78% higher today to €98.50

Anheuser-Busch InBev (ENXTBR:ABI) shares traded 1.86% higher, after the company was given a buy rating at Oddo, with a price target set at €114

Eurazeo SA (ENXTPA:RF) has been upgraded at HSBC from hold to a buy rating. Shares of Eurazeo traded 4.91% higher today

Thyssenkrupp AG (XTRA:TKA) shares traded 1.03% lower to €22.00, after the company’s CEO, Heinrich Hiesinger, announced that he was resigning from his role after spending 7 years in the position. Hiesinger resigned amid rising pressure from shareholders over Thyssenkrupp’s declining revenue and stock price