European markets cautiously higher as investors eye key inflation reports

European markets were cautiously higher Thursday morning as investors look ahead to key inflation reports in both the U.S. and Europe.

The Stoxx 600 index was up 0.15% in early trade, continuing the week’s muted movements, with sectors mixed. Construction stocks gained 1.5% and technology fell 0.5%.

Shares of Budweiser owner AB InBev, the world’s biggest brewer, dipped 1.3% after narrowly missing full-year profit and revenue forecasts.

British health-care firm Haleon topped Stoxx 600 gains in early trade, up 7.8% after reporting full-year revenue growth of 4.1%, and operating profit growth of 9.4%.

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
JPMorgan European Discovery Trust

More articles like this

JPMorgan European Discovery Trust

Improving European economy outlook

‘The low growth outlook for Europe will improve as soon as the ECB cuts interest rates. Inflation in Europe has fallen more sharply than in the US; this means that the conditions for a rate cut

JPMorgan European Discovery Trust

Are European stocks more affordable than US Equities?

Analysts concur that European stocks are notably more affordable than U.S. equities. For instance, the stocks in the Stoxx Europe 600 are valued at 14 times earnings, while those in the S&P 500 trade at 25 times annual

JPMorgan European Discovery Trust

Europe stocks kick off Q2 higher

European stocks kicked off the second quarter slightly higher, with focus on a string of economic data points including inflation data from Germany that could provide clarity on the timing for interest rate cuts by the

JPMorgan European Discovery Trust

European stock markets rise ahead of key inflation data

Europe’s major stock markets opened higher Monday ahead of key eurozone inflation data, and at the start of a busy week for global central banks. In initial trade, London’s benchmark FTSE 100 index of leading companies

JPMorgan European Discovery Trust

Europe markets closed higher amid global uncertainty

Europe markets on Tuesday closed slightly higher, amid shaky global sentiment and ahead of U.S. and European inflation data later in the week. Stocks closed slightly higher on Tuesday, as market participants await U.S. and European

JPMorgan European Discovery Trust

European shares reach record high as global stocks rally

European shares rose to a record high on Thursday, lifted by a rally in global stocks that also saw Japan’s blue-chip Nikkei index hit an all-time high. Europe’s broad STOXX 600 index .STOXX rose to 495.81 points, surpassing

JPMorgan European Discovery Trust

European stocks edge up after Powell comments

European stocks were little changed, with gains for staples stocks outweighed by declines for automakers. Investors mulled mixed earnings as well as comments over the weekend from Federal Reserve Chair Jerome Powell, who reiterated the market

JPMorgan European Discovery Trust

European stocks rally as autos lead gains

The pan-European Stoxx 600 was up 0.6% in early trade, with autos adding 1.4% to lead gains as most sectors and major bourses advanced. Oil and gas bucked the positive trend to fall 1.1%. The continental