European markets closed higher on Friday as positive momentum continued into the end of the week.
The pan-European Stoxx 600 index was up by 0.8% by the close. Mining stocks and utilities led gains and were up 1.3% and 1.5% respectively.
All major bourses were in the green, with the Stoxx 600, as well as Germany’s Dax, France’s CAC 40 and the U.K.’s FTSE 100 notching fresh record highs.
“As equities do we’re looking to the future I think. Generally speaking investors are seeing a brighter future ahead for European markets and they’re reflecting that now,” Daniel Morris, chief market strategist at BNP Paribas Asset Management told CNBC’s “Squawk Box Europe” on Friday.
The U.K. economy emerged from a recession, first-quarter gross domestic product data released Friday showed. GDP rose 0.6% on the previous three months — above the 0.4% estimate. The U.K. had entered a shallow recession in the second half of 2023.
France’s state-owned rail company SNCF says a 'massive attack' aimed at paralysing the high-speed network is causing delays and cancellations. AD
Greenpeace’s new report calls for increased European rail investment, citing Rail Baltica as a crucial project for enhancing connectivity and reducing gre
As well as Vienna in poll position, three other European cities made the top 10 in a year when global instability and the cost of living weighed heavil
CNN — Before Russia launched its full-scale invasion of Ukraine, many, including K