European markets rise as traders gear up for U.S. election; oil and gas stocks rise nearly 1%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2024
0mins
Should l Buy ?
Source: CNBC
European Market Overview: European markets saw a slight increase on Monday, with the pan-European Stoxx 600 up by 0.12%, driven by gains in oil and gas stocks while tech shares declined; attention is focused on the upcoming U.S. presidential election which could significantly impact global markets.
Company Updates: Commerzbank announced a share buyback of €600 million following its third-quarter results, while Burberry's shares rose by 5% amid speculation of a potential bid from Moncler, highlighting ongoing shifts in the luxury retail sector.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
