European equities rose on Wednesday, with banks and carmakers rising and UK equities rising ahead of the spring budget message. US stock futures also indicated a stronger start for Wall Street.
The Stoxx Europe 600 SXXP, + 0.48%, rose 0.7% to 415.99, ready for a third consecutive positive session, after closing slightly higher on Tuesday. Regional gains were led by the FTSE 100 UKX Index, + 0.95%, which rose 1.3% before the UK balance sheet announcement.
The German DAX DAX, + 0.94%, was up 1% and the French CAC PX1, + 0.76%, was up 0.9%. Pound Sterling GBPUSD, + 0.18% and Euro EURUSD, -0.07% remained unchanged.
US ES00 Stock Futures, + 0.53%
YM00, + 0.63%
NQ00, + 0.61% indicated a bounce forward for Wall Street after tech stocks led the way south for markets on Tuesday. Asian markets also closed higher, after being frightened by the risk warning of a major Chinese banking regulator from the country’s real estate market and bubbles in developed countries …
Read More On Original Publisher
This Content is Original Published by @www.marketwatch.com