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LONDON: European shares advanced to a 2005 high Thursday after the first interest-rate hike on the Continent in five years, as markets interpreted comments from European Central Bank Jean-Claude Trichet to mean that there would only be a limited number of subsequent rate hikes and as energy sector and MA moves offered support.
NEW YORK: Strong growth in the nation's gross domestic product spooked investors and sent stocks mostly lower Wednesday as the data renewed fears that the Federal Reserve would continue raising interest rates. Despite the drop, the market ended November with impressive gains.
FRANKFURT, Germany: Stock markets fell across Europe Thursday as business confidence in Germany - Europe's largest economy - fell for the first time since the autumn.