Investing.com – European stocks advanced on Wednesday, as shares in the financial sector led markets higher, while U.S. futures indexes pointed to a higher open on Wall Street.
During European morning trade, the EURO STOXX 50 jumped 0.53%; France’s CAC 40 gained 0.38%; while Germany's DAX added 0.07%.
Shares in the financial sector were broadly higher. France’s largest lender Societe Generale saw shares rally 3.16%, Germany’s Deutsche Bank saw shares jump 1.66%, while shares in Spain’s second-biggest bank BBVA saw shares rise 1.88%.
Meanwhile, shares in Dutch semiconductor manufacturer ASML Holding soared 6.62% after the company lifted its estimate of fourth quarter order bookings to EUR 2 billion, up from a previous estimate of EUR 1.3 billion.
Within the sector, shares in German chip-maker Infineon Technologies climbed 0.97%, while shares in France’s largest semiconductor manufacturer STMicroelectronics surged 2.04%.
In London, the commodity-heavy FTSE 100 climbed 0.26% as miners led gains after metal prices advanced on the back of a broadly weaker U.S. dollar.
Shares in mining giants BHP Billiton jumped 1.65%, silver producer Fresnillo saw shares rise 1.61%, while copper producer Antofagasta saw shares rally 2.32% after copper prices rose to a record high.
Banks also advanced ahead of the Bank of England’s interest rate decision, due out later in the day. Shares in Britain’s largest lender Barclays soared 2.15%, while rivals Lloyds Banking Group saw shares jump 1.51%.
The outlook for U.S. equity markets, meanwhile, was upbeat ahead of earnings reports from spirit and wine maker Brown-Forman.
The Dow Jones Industrial Average futures pointed to a gain of 0.29%, S&P 500 futures indicated a rise of 0.33% and Nasdaq 100 futures pointed to an increase of 0.23%.
Later in the day, the U.S. was to publish key weekly data on initial jobless claims.
During European morning trade, the EURO STOXX 50 jumped 0.53%; France’s CAC 40 gained 0.38%; while Germany's DAX added 0.07%.
Shares in the financial sector were broadly higher. France’s largest lender Societe Generale saw shares rally 3.16%, Germany’s Deutsche Bank saw shares jump 1.66%, while shares in Spain’s second-biggest bank BBVA saw shares rise 1.88%.
Meanwhile, shares in Dutch semiconductor manufacturer ASML Holding soared 6.62% after the company lifted its estimate of fourth quarter order bookings to EUR 2 billion, up from a previous estimate of EUR 1.3 billion.
Within the sector, shares in German chip-maker Infineon Technologies climbed 0.97%, while shares in France’s largest semiconductor manufacturer STMicroelectronics surged 2.04%.
In London, the commodity-heavy FTSE 100 climbed 0.26% as miners led gains after metal prices advanced on the back of a broadly weaker U.S. dollar.
Shares in mining giants BHP Billiton jumped 1.65%, silver producer Fresnillo saw shares rise 1.61%, while copper producer Antofagasta saw shares rally 2.32% after copper prices rose to a record high.
Banks also advanced ahead of the Bank of England’s interest rate decision, due out later in the day. Shares in Britain’s largest lender Barclays soared 2.15%, while rivals Lloyds Banking Group saw shares jump 1.51%.
The outlook for U.S. equity markets, meanwhile, was upbeat ahead of earnings reports from spirit and wine maker Brown-Forman.
The Dow Jones Industrial Average futures pointed to a gain of 0.29%, S&P 500 futures indicated a rise of 0.33% and Nasdaq 100 futures pointed to an increase of 0.23%.
Later in the day, the U.S. was to publish key weekly data on initial jobless claims.