European stocks rise near month highs as Wall Street rebounds

2021-10-19 12:09:57 GMT (Economies.com)
European stocks rise near month highs as Wall Street rebounds

European stocks rose on Tuesday, after taking a pause yesterday due to profit-taking, to head for 1-month high thanks to improved risk appetite after Wall Street rebounded.

 

The Stoxx Europe 600 index rose 0.3% as of 10:50 GMT, after closing lower by 0.5% yesterday, due to profit-taking from 1-month high at 469.52 points.

 

The mining sector saw the largest gains in Europe today, with a rise of more than 1.5%, thanks to the rise of most dollar-denominated metals and commodities.

 

S&P 500 futures rose 0.5% today and hit the highest level in a month and a half, after the index closed higher by 0.3% yesterday, its fourth straight daily gain.

 

Back to Europe, the Euro Stoxx 50 index rose 0.3%, France's CAC 40 rose 0.2%, Germany's DAX index rose 0.4%, and the UK's FTSE 100 rose 0.1%.

 
 
 
  Symbol Last Change Chg.%
1.1314
0.0044
0.3913%
1.3316
0.0006
0.0470%
Tadawul
10810.60
-60.02
0.55%
22.864
-0.181
0.785%
68.426
-3.975
5.490%
72.57
-0.87
1.18%
1794.470
9.380
0.525%
 
 
US
 
Europe
 
Asia