European stocks rise for second day following Wall Street's records
European stocks rose on Monday, for the second straight day, thanks to improved market sentiment, after US stocks hit all-time highs.
The Stoxx Europe 600 index rose 0.2% as of 11:45 GMT, after closing higher by 1.3% on Friday, thanks to a rebound in the traveling and automotive sectors.
The pan European index rose 0.2% last week, in the second straight weekly gain, thanks to a sharp drop in the US Treasury bond yields.
The tech sector saw the largest gains in Europe today, with a jump of more than 0.75%, thanks to the tech companies' rally.
S&P 500 futures fell today by 0.1%, after the index ended higher by 1.1% on Friday, and hit a new record high at 4,371.6 points.
Back to Europe, the Euro Stoxx 50 index rose 0.1%, France's CAC 40 rose 0.1%, and Germany's DAX index rose 0.2%, while the UK's FTSE 100 fell 0.4%.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1846
|
0.0058
|
0.4924%
|
|
|
|
|
1.3906
|
0.0109
|
0.7918%
|
|
|
|
Tadawul
|
10933.73
|
22.68
|
0.21%
|
|
|
|
|
25.030
|
-0.181
|
0.720%
|
|
|
|
|
72.406
|
0.765
|
1.068%
|
|
|
|
|
74.74
|
0.31
|
0.42%
|
|
|
|
|
1809.065
|
6.930
|
0.385%
|
|
