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- European Stocks - First hour: Indices higher in a holiday-shortened session, DAX closed
European Stocks - First hour: Indices higher in a holiday-shortened session, DAX closed
European indices add gains in a shortened session although declining oil prices and political uncertainty in Greece weighed on the markets yesterday. The DAX 30 is closed for the whole day. Trading on the London Stock Exchange will end at 12:30 GMT, Paris will close 30 minutes later. Today markets await data from the U.S. on Initial Jobless Claims, the Chicago Purchasing Managers' Index, Pending Home Sales and Crude Oil Inventories.
The FTSE 100 index is currently trading +0.32% quoted at 6,567.65 points, France's CAC 40 added +0.40%, currently trading at 4,262.51 points in thin holiday trading conditions. Yesterday the DAX 30 closed at 9,805.55 points, a loss of 1.22% ending the year with a gain of 2.65%.
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