European stock indices rose in early trading as European tech stocks followed Asian tech gains, supported by falling oil prices. The pan-European STOXX Europe 600 index climbed 0.8% to a record high. In Amsterdam, the Dutch AEX index, which has a higher weighting in semiconductors, rose 0.2%. ASML surged 3.4%, and ASM International jumped 5.4%, while Universal Music Group plunged over 21% after reporting earnings. The UK FTSE 100 index advanced 0.6%, lifted by gains in mining stocks and grocery retailer Sainsbury’s, which rose 5.1%. Germany’s DAX index increased 0.7%, with chipmaker Infineon soaring 7%. (Jin10)
European stocks rise as the STOXX 600 reaches a record high.
TechFlowShare
Summary
European stocks rose as the STOXX 600 reached a record high, climbing 0.8% in early trading amid increased trading volume. The technology and energy sectors led the gains. The Dutch AEX index advanced 0.2%, with ASML up 3.4% and ASM International up 5.4%. The UK’s FTSE 100 rose 0.6%, supported by mining and retail stocks, while Germany’s DAX climbed 0.7%, with Infineon up 7%. The Fear & Greed Index reflected a shift toward optimism as market momentum strengthened.
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