Reply To: Traders Market Weekly: Valuation Matters in Earnings Season

#39772
Truman
Participant

Major European indices trade on a higher note.
The U.K.’s Economic Secretary to the Treasury resigned after Chancellor Sunak and Health Secretary Javid did the same yesterday, fueling speculation that Prime Minister Johnson will be forced out soon.
The European Parliament will classify nuclear power and gas as “green energy.”
Norwegian oil and gas workers will return to work after an imposition of forced settlements by the government.

—Equity Markets—

STOXX Europe 600: +1.5%
Germany’s DAX: +1.4%
U.K.’s FTSE 100: +1.7%
France’s CAC 40: +1.6%
Italy’s FTSE MIB: +0.8%
Spain’s IBEX 35: +0.1%