European Stocks Gain With France, US Data in Focus: Markets Wrap

Published On Dec 3, 2024, 4:17 AM

European stocks rose, supported by positive sentiment in technology shares and anticipation of US economic data. The Stoxx 600 index gained as European markets reacted to less severe restrictions on technology exports to China. Germany’s equity benchmarks reached new highs, while investors await significant US data expected later this week, including the key jobs report and comments from Federal Reserve officials regarding interest rates. Political developments in France are also under scrutiny due to a looming vote of no confidence against the government, impacting local market confidence.