Index / ETFs

Stocks rose for a ninth month this year in November amid hopes for a thaw in the trade war between the US and China, and optimism that the global economy may gather pace.

Stocks rose for a ninth month this year during November amid hopes for a thaw in the trade war between the US and China, and optimism that the global economy may gather pace.

STOXX is synonymous with equity indexing in Europe. The EURO STOXX 50® Index, EURO STOXX® Index and STOXX® Europe 600 Index have for over 20 years provided liquid and effective access to the region’s stock market, based on transparent rules and an objective methodology.

STOXX has launched an innovative index that allows a systematic investment in the best-performing mutual funds across various asset classes, bringing in a strictly rules-based alternative to active fund selection.

STOXX Ltd. has launched the iSTOXX Top Citywire Fund Managers Index. The index has been licensed to Credit Suisse as an underlying for both delta one and structured products.

Financial intelligence provider Qontigo, part of Deutsche Börse Group, has announced the appointment of Stephan Flägel as Global Head of Indices & Benchmarks, effective as of December 2, 2019.

Stocks posted their eighth monthly gain this year in October, with US indices climbing to a record high, amid positive macroeconomic and corporate news.

There was enough positive news to lift stocks higher during October: a partial trade agreement between the US and China, a potential Brexit compromise in the UK, better-than-expected corporate earnings, and yet another rate cut by the Federal Reserve.

On Sept. 17, the rate on overnight Treasury-funded US repurchase agreements, or repos, jumped to an average of 5.25% from 2.43% the day before, with some trades settling as high as 9%.

The STOXX® Global 1800 Index rose 2.1% in dollar terms1 during the month, following a 1.8% drop in August, wrapping a 0.7% advance in the third quarter.

Stocks rebounded in September amid hopes for a thaw in the trade war between the US and China and as the world’s major central banks lowered interest rates to support faltering economic growth.

Earlier this year, STOXX introduced the EURO STOXX 50® ESG Index, a ESG version of the iconic EURO STOXX 50® that follows standard responsible investment exclusions and integrates companies’ ESG scores into stock selection.