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HomeTrading RoomAfter Hitting All-Time Highs, European Stocks were Divided; Umicore was Down 10%

After Hitting All-Time Highs, European Stocks were Divided; Umicore was Down 10%

Friday saw mixed results for European stock markets, which earlier this week had reached all-time highs.

Major bourses were trading in a varied manner during early afternoon trades, and the pan-European Stoxx 600 index had not changed much at 2:36 p.m. London time.

France’s CAC 40 was up 0.5%, but the German Dax and London’s FTSE 100 were both down about 0.3%.

A wave of corporate profits and the possibility of a peace agreement to end the conflict in Ukraine caused investors to react, sending stocks in the area to all-time highs on Thursday.

Donald Trump, the president of the United States, stated Wednesday that peace negotiations would start after meeting with his Russian and Ukrainian colleagues.

Source (CNBC)

SourceCNBC
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