"European Stocks" European stocks performed well in the early stage, with the Italian and French stock markets rising over 1%, and Nasdaq 100 futures up over 400 points
NVIDIA's quarterly results and performance guidance exceeded expectations, leading to a significant rise in U.S. stock futures, while European stocks started strong, with the French and Italian markets each rising over 1%.
The pan-European STOXX 600 index rose 5.37 points or 1%, closing at 567.08 points. The UK FTSE 100 index rose 60 points or 0.6%, closing at 9,568 points; the German DAX index rose 216 points or 0.9%, closing at 23,379 points; the French CAC 40 index rose 84 points or 1.1%, closing at 8,038 points; the Spanish IBEX 35 index rose 124 points or 0.8%, closing at 16,013 points; and the Italian FTSE MIB index rose 453 points or 1.1%, closing at 43,105 points.
Semiconductor and related stocks rose, with Infineon and ASML up 3% and 2.7%, respectively. UK aircraft engine manufacturer Rolls-Royce secured a maintenance contract for the UAE's A380 Airbus engines, with its stock price rising 2.9%. U.S. President Trump reportedly approved a peace plan for Russia and Ukraine, with defense stocks Thyssenkrupp down 1.4%, Rheinmetall up 4%, and BAE Systems up 2.4%.
U.S. stock futures rose significantly, with Dow futures up 269 points at 46,477 points; S&P 500 futures up 84 points at 6,746 points; and Nasdaq 100 futures up 426 points at 25,147 points.
In the Asia-Pacific stock market, the Shanghai and Shenzhen markets fell 0.4% and 0.8%, respectively. The Hong Kong Hang Seng Index rose 4 points to close at 25,835 points, with a turnover of 245.1 billion. The Taiwan stock market rose 3.2%, while the Japanese and South Korean markets rose 2.7% and 1.9%, respectively. The Australian and New Zealand markets rose 1.2% and 0.8%. The Indian Nifty 50 index rose 148 points or 0.6%, closing at 26,200 points. The Singapore Straits Times Index rose 6 points or 0.1%, closing at 4,511 points. The Malaysian stock market fell 0.1%, while the Indonesian and Thai markets rose 0.4% and 1%, respectively. The Philippine stock market rose 2%. The Hanoi stock market in Vietnam fell 0.3%, while the Ho Chi Minh stock market rose 0.4%
