Published on November 15, 2022 The main European stock markets mostly closed with gains on the last day of the week, after the shock experienced the day before on Wall Street due to the drop in inflation. The Euro Stoxx 50 advanced 0.57% to 3,868 points, while the Ibex 35 closed with a drop of 0.43%, to 8,098 points. The closure of the main European markets was carried out with moderate advances, since investors expect that, after the CPI data, the Federal Reserve will moderate the rate of rate hikes. In Europe, the rises of shares such as Prosus (+6.60%), Adidas (+5.97%) and Adyen (+5.94%) stood out. On the opposite side, we find large losses in values such as Sanofi (-5.22%), Ahold Delhaize (-3.85%) or Deutsche Telekom (-2.82%). The Ibex 35 has once again stood out, breaking its streak of five sessions of gains weighed down by the banking and utilities sector. With this decrease, the Spanish selective moderated its weekly gains to 1.96%. The value with the best performance was Arcelormittal with an increase of 5.63%, followed by Grifols and Fluidra, which did so by 4.31% and 2.13% respectively. The red traffic light was for Corporación Acciona Energía (-4.85%), Sacyr (-3.78%) and Bankinter (-2.98%). Wall Street closed with gains thanks to the oil, gas, consumer services and technology sectors. In the commodity market, oil ended the week with a rise for the third session, given the better prospects for Chinese demand. Gold posted its best week since July 2020, thanks to the fall of the dollar and the easing of treasuries in the hope of a less aggressive monetary policy. On the other hand, the Dow Jones gained 0.10% while the S&P 500 rose 0.92% and the Nasdaq rose 1.88%. INFORMATIONTitleVolatility on Wall Street due to the drop in inflationDescriptionThe main European stock markets mostly closed with gains on the last day of the week, after the shock experienced the day before on Wall Street due to the drop in inflation. Author GLOBALCAJA
Volatility on Wall Street due to the drop in inflation
