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Stock impact report

Market insights: What is behind the European stock markets' rally? [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
The pan-euro Stoxx 600 index rose 0.67%, the DAX jumped 1.13%, and the CAC 40 climbed 1.08%. In the year to date, Europe's equity markets continue outperforming their US counterparts, with the euro Stoxx 600 gaining 8.9% and Germany's DAX up 16%, while the S&P 500 is down 3% and the Nasdaq fell 5.4%. Relatively cheaper valuations, expectations for surging defence spending, and more accommodative monetary policies may have all contributed to the rally in European markets this year. A possible permanent ceasefire in the Ukraine war has also provided optimism toward Europe's economic outlook. Goldman Sachs analysts expect European equities to continue the uptrend with a 5-6% upside for a 12-month target. The recent economic data points to upside potential for the block's economic growth. On Monday, S&P Global released better-than-expected flash manufacturing Purchasing Manager Indexes (PMIs) for major economies. While the data remained in contraction, the decline in Germany was the Show less Read more
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