Europe stocks higher; Direct Line soars 40% after rejecting Aviva bid; Remy Cointreau up 6%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2024
0mins
Source: CNBC
European Market Performance: European markets saw a rebound on Thursday, with the pan-European Stoxx 600 index rising 0.76%, led by technology stocks, while French spirits maker Remy Cointreau reported a smaller-than-expected decline in operating profit.
Economic Data and Consumer Confidence: Upcoming data releases include inflation figures from Spain and Germany, while U.K. consumer confidence remains weak following recent government budget reforms, prompting concerns about retail costs and economic conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
