{"id":43234,"date":"2024-01-29T17:42:34","date_gmt":"2024-01-29T17:42:34","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/01\/29\/european-stocks-close-on-mixed-note-ahead-of-major-economic-events\/"},"modified":"2024-01-29T17:42:34","modified_gmt":"2024-01-29T17:42:34","slug":"european-stocks-close-on-mixed-note-ahead-of-major-economic-events","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/01\/29\/european-stocks-close-on-mixed-note-ahead-of-major-economic-events\/","title":{"rendered":"European Stocks Close On Mixed Note Ahead Of Major Economic Events"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European <span class=\"landLinks\">markets<\/span> closed on a mixed note on Monday after stocks swung between gains and losses with investors making cautious moves ahead of a slew of major economic events, including the Federal Reserve and the Bank of England&#8217;s policy announcements, and Chinese factory activity report, U.S. jobs report and euro zone GDP numbers.<\/p>\n<p>Investors also looked ahead to earnings announcement from U.S. <span class=\"landLinks\">technology<\/span> majors.<\/p>\n<p>The pan European Stoxx 600 gained 0.21%. The U.K.&#8217;s FTSE 100 and Germany&#8217;s DAX edged down 0.03% and 0.12%, respectively. France&#8217;s CAC 40 crept up 0.09%, while Switzerland&#8217;s SMI climbed 0.36%.<\/p>\n<p>Among other markets in Europe, Austria, Belgium, Greece, Norway, Poland, Portugal and Spain ended weak.<\/p>\n<p>Denmark, Iceland, Netherlands, Russia and Turkiye closed higher, while Finland and Sweden ended flat.<\/p>\n<p>In the UK market, Fresnillo soared nearly 10%. RS Group climbed about 2.5%. Entain, WPP, Melrose Industries, 3i, BAE Systems, Land Securities, BP, Royal Dutch Shell and Haleon advanced 1 to 1.4%.<\/p>\n<p>Airtel Africa, Intermediate Capital, St. James&#8217;s Place, Schrodders, Prudential and Phoenix Holdings ended down 2 to 4.1%. Croda International, Kingfisher, Ocado Group, Vodafone, Smurfit Kappa Group, Mondi and Endeavour lost 1 to 2%.<\/p>\n<p>In the German market, Zalando surged about 4%, and Continental gained 3.7%. HeidelbergCement, Vonovia, MTU Aero Engines, SAP and Beiersdorf ended higher by 1 to 2.3%.<\/p>\n<p>Bayer dropped 4.5% after a U.S. court ordered the company to pay $2.25 billion in damages to a former Roundup user. <\/p>\n<p>Infineon and Sartorius ended lower by 2.4% and 2.3%, respectively. Qiagen, Commerzbank, Merck, BASF and Deutsche Post ended down 1 to 1.25%.<\/p>\n<p>In Paris, Essilor, Danone and Thales gained 1.2 to 1.4%. TotalEnergies, Sanofi and Air Liquide posted modest gains.<\/p>\n<p>Bouygues ended down more than 3%. Carrefour, Eurofins Scientific, Credit Agricole, Pernod Ricard, Vinci and Orange lost 1 to 1.6%.<\/p>\n<p>In the Swiss market, shares of building materials firm Holcim gained 4.7% after the company announced plans to spin off its North American operations in a flotation.<\/p>\n<p>Dutch medical device maker Philips ended 4.4% down after the company said it would halt new sales of sleep machines in the U.S. after a series of recalls that continued to weigh on results. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Stocks Close On Mixed Note Ahead Of Major Economic Events<\/a><br \/>\n<br \/>2024-01-29 17:42:34<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European markets closed on a mixed note on Monday after stocks swung between gains and losses with investors making cautious moves ahead of a slew of major economic events, including&#8230;<\/p>\n","protected":false},"author":2,"featured_media":43235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-43234","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/43234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=43234"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/43234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/43235"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=43234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=43234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=43234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}