Jul. 25 at 9:20 AM
European stock markets were mixed on Thursday, after the
$ECB held interest rates steady as expected after 7 earlier cuts, while investors were encouraged strong earnings from major banks & easing trade tensions with the U.S.
$CAC40 -0.41%, German
$DAX +0.23%, Italian FTSE -0.24%, after reaching a new 52 week high at 41,136.28. Spain’s Ibex +1.34%, London
$FTSE +0.95%, reaching a new high of of 9,158.21 & European STOXX 600 +0.24% at 551.55, having earlier touched a 6-week high. The Eurozone banks index touched its highest since 2008. German lender
$DB surged +9.1%, while French bank BNP Paribas added +0.4% after a near +3% jump earlier in the day.
