STOXX 600

Stocks jump for a second dayStocks rose for a second day on Wednesday following upbeat earnings results from Nike and FedEx.The Dow Jones Industrial Average gained 526.74 points, or 1.6%, to finish at 33,376.48. The S&P 500 surged…

ECB hikes rates, sees significant increases ahead as it announces plan to shrink balance sheetThe European Central Bank opted for a smaller rate hike at its Thursday meeting, taking its key rate from 1.5% to 2%.It also announced plans to…

CNBC Pro: Fund manager says a 'turning point' for Big Tech is near. Here's what he's watchingA fund manager has said that a "super week for a potential turning point" in the Nasdaq Composite could be on the horizon.The tech-heavy Nasdaq…

CNBC Pro: Goldman Sachs' Currie says oil stocks are trading 'far below' their long-term trendGoldman Sachs' Global Head of Commodities Research Jeff Currie told CNBC that historically, oil stocks have traded at a much higher premium to…

Global economic conditions will shift next year and that's going to flip which markets and sectors underperform, according to the chief strategist of UBS Investment Bank. Bhanu Baweja told CNBC's "Squawk Box Europe" on Wednesday that…

Stocks on the move: Prudential up 9%, DKSH down 7%Shares of London-listed insurance giant Prudential were up 9.4% by mid-afternoon to lead the Stoxx 600.At the bottom of the index, Swiss-headquartered market expansion company DKSH fell…

Ifo Institute: Surging oil and gas prices draing billions from German economyHigher oil and gas prices are draining billions of euros from the German economy, the Ifo Institute said on Tuesday.The economic think tank estimated that real…

Stocks on the move: Ocado soars 39%, delivery companies make big gainsOcado shares soared more than 39% on Tuesday after agreeing a partnership deal with South Korean retailer Lotte that will see the German food delivery companies…

UBS reports its latest earningsFABRICE COFFRINI | AFP | Getty ImagesUBS on Tuesday reported a net income of $1.7 billion for the third quarter of this year, slightly above analyst expectations, with the Swiss bank citing a challenging…

European stocks nudge higher as UK PM resigns European markets reversed early losses to end the day 0.25% higher, on a day which saw political turbulence in the U.K. culminating in the prime minister's resignation. The U.K.'s FTSE 100…