Date in Portugal
Clock Icon
Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

European stocks with slight increases on the day of the start of the Fed meeting

At approximately 8:30 a.m. in Lisbon, the EuroStoxx 600 was up 0.13%, reaching 579.13 points.

Most major European stock markets saw increases, except for London, which fell by 0.09%. Meanwhile, Milan (0.70%), Frankfurt (0.34%), Madrid (0.20%), and Paris (0.14%) showed gains since opening.

At the same time, the Lisbon stock exchange continued its upward trend from the opening, with the main index, PSI, rising 0.27% to 8,221.97 points.

Investors remain cautious as they await the Federal Reserve’s decision on future monetary policy. The meeting begins today and will conclude on Wednesday.

As with previous decisions, this one will be based on disclosed macroeconomic data, particularly concerning price behavior and the labor market.

Today, the Jolts data on job openings will be released.

On Monday, Wall Street closed in negative territory. The Dow Jones Industrial Average fell 0.54% to 47,739.32 points, the S&P 500 decreased by 0.35% to 6,846.51 points, and the Nasdaq Composite dropped 0.14% to 23,545.91 points.

In commodities, the price of gold per ounce dropped 0.10% to $4,213.4, while Brent crude oil—Europe’s benchmark—declined by 0.11%.

The price of Bitcoin fell 0.93% to $90,495.7.

Leave a Reply

Here you can search for anything you want

Everything that is hot also happens in our social networks