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Global equities hold steady as US tech leads resilience

Europe’s STOXX 600 closed 0.36% higher, and US and European futures signaled modest gains going into the next session.

Reported · Written up by our desk · Indices

Deutsche Bank strategists said global equities have shown broad resilience, with record-setting US tech stocks leading the move and Europe posting steady gains, according to FXStreet.

In Europe, the STOXX 600 finished 0.36% higher and still sat about 4% below its own August record high, while the FTSE 100 rose 0.34%, the DAX gained 0.09%, and the FTSE MIB increased 0.66%.

In Asia, most markets were firmer, with the Hang Seng up 0.77%, the Nikkei up 0.82%, and the S&P/ASX 200 up 0.51%, while the KOSPI fell 1.44% after opening higher. Mainland Chinese onshore markets stayed closed for Golden Week holidays, and US and European equity futures pointed to further modest gains, with US futures up about a tenth of a percent and European futures up four-tenths.

Latest closeNikkei 225 70,081.53 ▲0.2%|Hang Seng 24,237.83 ▲0.8%|DAX 25,254.21 ▲0.1%

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