Global Market: European shares rise as ASML rally lifts tech stocks; investors eye US CPI
European shares increased modestly as the pan-European STOXX 600 index recovered from previous losses. ASML's strong demand led technology stocks to gain, while concerns about geopolitical risks remained. Oil prices rose following attacks on vessels in the Strait of Hormuz, which limited gains in equities. The market also awaits US consumer price index data that could...
Key Takeaways
- European shares increased modestly as the pan-European STOXX 600 index recovered from previous losses.
- ASML's strong demand led technology stocks to gain, while concerns about geopolitical risks remained.
- Oil prices rose following attacks on vessels in the Strait of Hormuz, which limited gains in equities.
European shares increased modestly as the pan-European STOXX 600 index recovered from previous losses. ASML's strong demand led technology stocks to gain, while concerns about geopolitical risks remained. Oil prices rose following attacks on vessels in the Strait of Hormuz, which limited gains in equities. The market also awaits US consumer price index data that could impact interest-rate projections.
Original Publisher Attribution
This summary was curated from Economic Times.