- European shares edged higher in thin trading on Friday after data showed Germany’s manufacturing sector rebounded further in August, but gains were capped as overall recovery in euro zone business activity stalled.
The pan-European STOXX 600 index was up 0.4%, bouncing back after a downbeat outlook from the U.S. Federal Reserve and weak U.S. data sparked a selloff on Thursday. Despite Friday’s small gains, the STOXX 600 was on course to end the week flat-to-lower as several European countries saw a resurgence in coronavirus cases and doubts about a U.S. recovery also weighed on investor mind.
So their governments aren't propping up their stock market with taxpayer money borrowed from China.
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Germany, Spain record highest daily coronavirus infection rate since April as cases surge across EuropeHans Kluge, regional director for Europe at the WHO, said on Thursday that the European region was 'on a trajectory of its own.' Cases cases cases! Number of deaths? Bit more important don’t you think? Show me the bodies I wonder what the medias agenda is other than spread fear as usual to get baitclicks. But has always been a bad channel also financially speaking. fearmongering
Source: CNBC - 🏆 12. / 72 Read more »
What's on TV Friday: 'Bad Education' on HBO; 'Being Reuben'What's on TV Friday, Aug. 21: 'Bad Education' on HBO; 'Being Reuben'; Senate hearing on U.S. Postal Service on C-SPAN
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