paris (reuters) – european stock markets ended higher on wednesday, supported by strong corporate results, news of mergers and acquisitions, and the prospects for recovery rate, which has enabled wall street to insert new records and the dollar to appreciate.
the cac 40 in paris, ended up 0.42% (22.44) 5.383,81 points. the united kingdom has gained well, footsie 0.36% and the german dax to 0.37%. the euro stoxx 50 index was 0.33%, the ftseurofirst stoxx 600, 300, 0.25% and 0.29%.
milan (+ 0.08%) saw the rise of 1.21% affected by the decline of atlantia after competition from spanish acs (5.17%), through its german subsidiary hochtief (1.04%) of abertis.
the latter was 7.02%, the best performance in the stoxx 600.
in paris, the specialist of copper telecommunication cables was 3.64%, the largest increase in the index sbf120, following in the footsteps of his rival from italy (+ 1.88%), which was supposed to speculation about his interest in the american general cable.
significant increase of 4.06% of puma, following the increase of its expected results, the third since the beginning of the year. in its wake, kering, parent of the german group was 0.69%.
at the time of the end in europe, wall street has evolved into the green: the dow jones industrial average was 0.6% and the standard & poor’s 500 and the nasdaq composite (0.1%) but remained stable.
the dow has opened for the first time over the symbolic marks, and the s & p as the nasdaq listed new records.
the fifth meeting of the affilÉe dollar increase
wall street is mainly the bond of 8.66% of ibm’s quarterly results in better than expected, a rise that is equivalent to an increase of nearly $13 billion (11 billion) of the market capitalization of the computer unit.
on the foreign exchange market, the dollar value of 0.1% against a basket of currencies of reference and seems poised to make his fifth consecutive increase in the room for the rise of the us treasury yields. the euro is in 11770 dollar.
the performance of the treasuries ten years rose to more than 3.65%, two years has reached its highest level since november 2007 to 13%, and the difference in performance between the us and german titles in two years is the highest since 2000.
investors should carefully consider the federal reserve beige book due at 18:00 gmt, to try to find new clues on the evolution of the policy of the fed.
according to the barometer fedwatch cme group, the estimated probability of a rate increase in december was above 93%, an increase of more than 10 points in a week.
in the international oil market, crude oil prices have sharply reduced their weekly earnings, according to the statistics of stocks in the united states, marked by an unexpected drop in the rate of capacity utilization of refining and increasing surprise reserves of gasoline and diesel.
the brent had reached a peak of $58.54 for three weeks.
(edited by veronica poker)
copyright & copy;, thomson reuters
Translated by forexguides.info Team