English
European indices mixed as momentum returns to markets
European markets ended the trading day slightly higher, Thursday, with the return of momentum and the absorption of economic data that heralded that inflation in the euro zone was close to its targets, after a shaky start to the new second quarter.
The Stoxx 600 index closed 0.16% higher, with sectors in mixed territory. Mining stocks rose 1.7%, while chemical stocks fell 0.6%.
The UK's FTSE 100 rose 0.5%, while Germany's DAX rose 0.2%, and France's CAC 40 was near the flat line.
of Volvo Cars rose nearly 7% after the automaker reported record single-month sales for March.
There was calm on the profit-taking front, while the release of notes from the European Central Bank's latest monetary policy meeting is expected to shed some light on the path to interest rate cuts. Mining giant Rio Tinto is also holding its annual general meeting.
In the Asia-Pacific region, markets rebounded after the sell-off in the previous session. At the same time, US stocks rebounded after three consecutive days of losses as investors absorbed the comments of US Federal Reserve Chairman Jerome Powell, who did not give a specific date for reducing interest rates.
