Markets
Markets Update: Euro stocks kick off 2024 with gains as oil companies climb
European energy stocks have risen by 1 per cent, buoyed by gains in crude after Iran sent a warship to the Red Sea
European stocks gained on the first day of trading in 2024, with energy shares leading the advance as crude oil prices rose amid increased tensions over the Red Sea.
The Stoxx Europe 600 was 0.4 per cent higher by 8:20 a.m. in London. Energy stocks climbed more than 1 per cent, buoyed by gains in crude after Iran sent a warship to the Red Sea in response to the US Navy’s sinking of three Houthi ...