European stocks falter, German 5-yr turns positive after ECB “pivot”

0
4
Published by
Reuters

By Elizabeth Howcroft LONDON (Reuters) – European stock indexes faltered on Friday, even after strong Amazon earnings, while a sell-off briefly pushed German 5-year bonds positive for the first time in four years after the European Central Bank was more hawkish than expected. Asian equities held firm overnight and Wall Street futures rebounded due to better-than-expected earnings from Amazon, which lifted the company’s shares about 14% in after-market trade. Earlier on Thursday there had been heavy selling following Facebook owner Meta Platforms’ earnings miss. The rebound in sentiment did not…

Read More