European stocks obtain tech support

European stocks obtain tech support

On Wednesday, reviving technology stocks gave EU shares another leg up, while deal chatter brought Sweden's Hexagon to a record peak.

The pan-European STOXX 600 benchmark as well as its euro zone rival STOXXE inched up 0.6% and 0.7% respectively, which is in line with blue-chips, with broad investor focus on the Fed rate verdict later in the day in which the financial institution is widely supposed to lift rates.

They soared to a session peak after Euro zone industrial output data demonstrated upbeat economic surge, and employment reached a record peak.

In the United Kingdom the FTSE 100 went up 0.5%, while midcaps FTMC gained 0.8%.

Hexagon leapt more than 16%, hitting a fresh record peak, following a Wall Street Journal report that the Swedish measurement technology company was in negotiations for a potential sale to undisclosed clients.

Technology stocks SX8P turned to be the best-performers for the second session running. They acquired 1.3%.

 

 

Similar

American futures tack on

On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera