PARIS (Reuters) – The main European stock markets are moving up on Tuesday at the start of the session, driven by technology stocks after the rise in the sector the day before on Wall Street.
In Paris, the CAC 40 gained 0.78% to 7,253.97 points around 07:40 GMT. In London, the FTSE 100 takes 0.15% and in Frankfurt, the Dax advances by 0.83%.
The EuroStoxx 50 index is up 1%, the FTSEurofirst 300 0.47% and the Stoxx 600 0.7%.
Monday evening, the Nasdaq gained 1.56%, carried by the jump of Nvidia (+ 8.2%) which benefited from an increase in the price target of HSBC to 780 dollars, the second highest amount on Wall Street.
The American chip designer, which is taking full advantage of the rise of artificial intelligence (AI), will publish its quarterly results on Wednesday, a meeting eagerly awaited by the market.
In Europe, the Stoxx index of the technology sector climbed 1.47%, the largest sectoral increase.
Also featured, Ubisoft gained 6.2% after the announcement of an agreement with Activision Blizzard giving it the streaming rights to the games of the American group which is seeking the agreement of the British regulator for its takeover by Microsoft.
(Written by Blandine Hénault)
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