PARIS (Reuters) – The rebound of the main European stock markets continued on Wednesday morning in the wake of the closing of Wall Street, which was carried by indicators testifying to the solidity of the American economy despite an interest rate environment. students.
In Paris, the CAC 40 took 0.58% to 7,257.45 points around 07:40 GMT. In London, the FTSE 100 advances by 0.29% and in Frankfurt, the Dax gains 0.56%.
The EuroStoxx 50 index rose by 0.58%, the FTSEurofirst 300 by 0.43% and the Stoxx 600 by 0.47%.
A sign of possible volatility as in Tuesday’s session, futures contracts on Wall Street are currently pointing to a drop of 0.02% for the Dow Jones, 0.16% for the Standard & Poor’s 500 and 0 .3% for the Nasdaq.
U.S. housing data and capital goods orders came out better than expected on Tuesday, fueling hopes of a moderate recession, despite tough talk on interest rates from central bankers meeting in Sintra, Portugal , on the occasion of the annual forum organized by the European Central Bank (ECB).
However, this hope is accompanied by a certain caution as Christine Lagarde and Jerome Powell are expected to speak again during the day, while at the end of the week will be published data on inflation and GDP in euro zone and the United States.
In the meantime, all of the main compartments of the Stoxx 600 are moving in the green, with construction (+0.87%), new technologies (+1.16%) and finance (+0.74) posting the strongest rises.
In individual values ​​in Paris, Carrefour gains 3.13%, Morgan Stanley having started monitoring the value to “overweight”. The Orpea share is suspended pending the results of the shareholders’ vote on its accelerated safeguard plan.
Elsewhere in Europe, UBS takes 0.71%, the bank considering, according to the Bloomberg agency, to cut more than half of the workforce of Credit Suisse.
Roche advances 1.2%, the American health authority having refused Tuesday to approve the Eyla, a treatment for blindness, of its competitor Regeneron.
(Written by Claude Chendjou, edited by Blandine Hénault)
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