European stocks mixed with earnings, economic data and oil prices in focus [CNBC]
IHS Markit Ltd. Common Shares (INFO)
Last ihs markit ltd. common shares earnings: 3/24 06:00 am
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Source: CNBC
European stocks were mixed Thursday morning as the coronavirus pandemic and oil prices remained in focus for investors, while promising corporate earnings were offset by harrowing economic data.The pan-EuropeanStoxx 600Oil prices, which are an indicator of economic health and global demand, remain a focal point for investors althoughprices rose Wednesday from the dramatic slump seen earlier this weekInternational benchmark Brent crude futures gained 2.99% overnight to $20.98 a barrel, while West Texas Intermediate for June delivery also jumped 3.85% to $14.31 a barrel.Stocks in Asia traded higher on ThursdayThe coronavirus pandemicFollow our live updates on the outbreak here.Business activity data disasterFrench business activity plunged to new record lows in April, according to flash PMI (purchasing managers' index) readings from IHS Markit. The April composite figure, which includes manufacturing and services, dropped to 11.2 from 28.9 in March, marking the lowest reading since the
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