GLOBAL MARKETS - European markets set for positive open
Istanbul, October 15 (Hibya)—European stocks are heading for a positive open on Tuesday, and global markets are broadly tracking gains on Wall Street.
Tarih: 15 Ekim 2024 09:35:22
According to the analysts, the U.K.’s FTSE 100 index is expected to open 40 points higher at 8,324, Germany’s DAX up 86 points at 19,586, France’s CAC up 27 points at 7,621 and Italy’s FTSE MIB up 125 points at 34,653.
The positive start for Europe came after gains on Wall Street, which saw the Dow Jones Industrial Average and the S&P 500 reach new intraday highs and record closes. Dow Jones Industrial Average futures were near flat Monday night.
Asia-Pacific markets were mixed overnight, but regional chip stocks rose, boosted by Nvidia’s share price rising 2.4 percent Monday before closing at a record high.
In Europe, earnings are set to come from LVMH and Ericsson on Tuesday, and data releases include the U.K.’s latest unemployment figures, French inflation data, and the Europe and German ZEW index of economic sentiment.
