European stocks rebound from 1-week low led by travel shares
European stocks rose on Thursday, rebounding from the 1-week low of yesterday, thanks to improved market sentiment following record gains in Wall Street, with the travel sector leading gains as fears over the spread of the Covid-19 delta strain receded in Europe.
The Stoxx Europe 600 index rose 0.5% as of 11:22 GMT, after closing lower by 0.8% yesterday and hit a 1-week low of 451.23 points.
The travel and leisure sector saw the largest gains in Europe today, with a jump of more than 2%, thanks to the recovery in most of the sector's companies' shares after concerns over the spread of the new delta strain receded in Europe.
S&P 500 futures rose 0.2% today ahead of Wall Street's opening, after the index ended higher by 0.1% yesterday and posted a new record at 4,302.43 points.
Back to Europe, the Euro Stoxx 50 index rose 0.6%, France's CAC 40 rose 0.5%, Germany's DAX index rose 0.4%, and the UK's FTSE 100 rose more than 0.9%.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1845
|
0.0057
|
0.4827%
|
|
|
|
|
1.3904
|
0.0107
|
0.7763%
|
|
|
|
Tadawul
|
10933.73
|
22.68
|
0.21%
|
|
|
|
|
25.040
|
-0.172
|
0.680%
|
|
|
|
|
72.336
|
0.695
|
0.970%
|
|
|
|
|
74.74
|
0.31
|
0.42%
|
|
|
|
|
1808.970
|
6.835
|
0.379%
|
|
