European markets finish higher as politics dominates the news agenda
LONDON — European stocks closed broadly higher Thursday as investors keep an eye on political developments in the U.K. President Donald Trump's trip to China.
LONDON — European stocks closed broadly higher Thursday as investors keep an eye on political developments in the U.K. President Donald Trump's trip to China.
Key points
- The pan-European Stoxx 600 gained 0.7%, with most sectors and major bourses in positive territory.
- Tech and media stocks led gains, while miners and banks lagged the broader index.
- The U.K.'s political turbulence is expected to stay high up on the news agenda in Europe on Thursday as Prime Minister Keir Starmer's leadership remains vulnerable to challenges.
- Reports on Wednesday suggested Health Secretary Wes Streeting could be prepared to launch a leadership bid on Thursday.
- Investors are keeping an eye on the country's borrowing costs as the uncertainty continues.
AdvertisementAd Placeholder — Configure AdSense in .env.localNEXT_PUBLIC_ADSENSE_CLIENT=ca-pub-XXXXXXXX
This article was independently rewritten by ManyPress editorial AI from reporting originally published by CNBC.