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European stocks rise amid anticipation of important data and profits of American companies

European stocks rise amid anticipation of important data and profits of American companies

And he went up European STOXX 600 index 0.2 percent to 519.80 points by 0815 GMT. He recorded his first weekly loss in three weeks on Friday.

The main STOXX 600 index was affected by the sector Energy Which fell 1.7 percent. Oil prices fell by more than five percent after reducing… Iran The strikes launched by Israel against it.

And rose Travel sector And entertainment that includes company stocks Aviation About one percent.

An arrow fell Phillips By 13 percent after the Dutch medical device manufacturer reduced its sales expectations for this year.

European Central Bank Vice President Louis de Guindos is scheduled to speak later in the day. Preliminary data on Sweden’s GDP and retail sales for September are expected to be released tomorrow, Tuesday.

And it will be announced Eurozone Wednesday, preliminary data on gross domestic product, consumer confidence, and economic sentiment will be released Germany Consumer price data, GDP and employment data.

Spain’s GDP forecasts, preliminary data for Italy’s GDP and the UK budget are also scheduled for release on Wednesday. CPI data for the euro zone, France and Italy will be released on Thursday.

Market sentiment will also be affected by the profits of major American companies.

Alphabet, the parent company of Google, Microsoft, Meta, Apple, and Amazon, is scheduled to announce its quarterly results next Thursday.



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