European stocks rise for second day following Wall Street's records

2021-07-12 12:56:23 GMT (Economies.com)
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%
 
 
US
 
Europe
 
Asia