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UK and European stock markets closed higher after a choppy session during which the European Central Bank said it would hike interest rates by 50 basis points despite recent volatility in the region’s banks.
UK and European markets opened higher as regional investors breathed a sigh of relief after the Swiss National Bank said it would provide a liquidity backstop to beleaguered bank Credit Suisse.
UK and European stock markets fell sharply, with banking stocks deep in negative territory amid the global Silicon Valley Bank fallout and more bad news for Credit Suisse.
UK and European markets opened lower, with banking stocks still in negative territory following the global Silicon Valley Bank fallout.
UK and European stock markets climbed as traders digested the aftershocks from Silicon Valley Bank’s collapse and reacted to U.S. inflation data.