LONDON \u2014 European markets moved higher on Thursday as investors digest the regional and global economic outlook.<\/p>\n
The pan-European Stoxx 600<\/a> advanced 0.1% during early morning deals, quickly rebounding from a negative open, with major bourses in the green and sectors mixed by 8:27 a.m. London time (3:37 a.m. ET).<\/p>\n The subdued open for regional markets on Thursday comes after a positive trading session yesterday<\/a>, with the Stoxx 600\u00a0closing almost 1.1% higher and most sectors and major regional bourses in the green.<\/p>\n Global markets have been boosted this week by rising expectations that the U.S. Federal Reserve will cut interest rates when it next meets on Dec. 9-10.<\/p>\n Traders are pricing in a 84.9% chance of a quarter percentage point cut from the Fed in December, according to the\u00a0CME\u00a0FedWatch\u00a0tool<\/a>.<\/p>\n On individual names, potential buyers are swirling German athletic brand Puma<\/a>, according to reports by Bloomberg<\/a>. Chinese sport multinational Anta Sports is among those working on a bid, the outlet reported, citing unnamed sources. Puma declined to comment when asked by CNBC. Puma shares rose over 14% on Thursday, leading the European index.<\/p>\n Other big movers include defense stocks Rheinmetall<\/a>, which advanced 1.6%, and Saab, which was last seen around 1.5% up. It comes as U.S. officials continue to attempt to broker a peace deal<\/a> between Russia and Ukraine. <\/p>\n U.S. stocks rose on Wednesday, allowing the major averages to log their fourth straight day of gains<\/a> ahead of the Thanksgiving holiday. Meanwhile, Asia-Pacific markets<\/a> tracked Wall Street gains\u00a0and India’s benchmark indexes hit a record high overnight.<\/p>\n U.S. markets are closed Thursday for Thanksgiving. Trading will resume with a shortened session Friday, when the market will close at 1 p.m. ET.<\/p>\n In Europe on Thursday, there are no major earnings reports. Data releases include Germany’s GfK consumer confidence survey and EU economic sentiment data.<\/p>\n","protected":false},"excerpt":{"rendered":"LONDON \u2014 European markets moved higher on Thursday as investors digest the regional and global economic outlook. The…\n","protected":false},"author":2,"featured_media":285928,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[4117,84,273,8380,8381,1278,819,2016,38362,59,145,479,467,116383,46498,116384,272,56,54,158,55,6147,4953],"class_list":["post-285927","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-breaking-news-markets","tag-business","tag-business-news","tag-cac-40-index","tag-dax","tag-economic-events","tag-france","tag-ftse-100","tag-ftse-mib","tag-gb","tag-germany","tag-italy","tag-markets","tag-puma-biotechnology-inc","tag-puma-se","tag-rheinmetall-ag","tag-stoxx-600","tag-uk","tag-united-kingdom","tag-united-states","tag-unitedkingdom","tag-world-economy","tag-world-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/285927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=285927"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/285927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/285928"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=285927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=285927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=285927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}