Stock Market

European shares gain slight above; Focus on the ECB meeting

European shares gain slight above; Focus on the ECB meeting

On Thursday, the European stock market opened slightly with gains as overnight gains on US Wall Street aided. The American gains were due to Trump reviving firm hopes on the stimulus package in the nation.

Germany’s leading index, DAX’s, futures gained 0.3%, UK’s FTSE 100 futures advanced 0.1%, and France’s CAC futures surged further 0.4% at 06:05 GMT on Thursday. Further, the S&P 500 added 1.7%, NASDAQ Composite added 1.9%, and Dow Jones, which rose 530 points, or 1.9%, to trade at new one month high on Wednesday.

The positive global market data of Wednesday would help the Thursday openings in Europe. However, the investors are still required to be cautious of ECB meetings’ minutes, which is about to release in the session.

Leave a Reply

Your email address will not be published. Required fields are marked *