Europe: Stocks open higher after Asia, US gains

Published Wed, Aug 11, 2021 · 07:55 AM

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    [LONDON] European stock markets climbed at the open Wednesday following gains in Asia and fresh records on Wall Street after the US paved the way for its enormous infrastructure project.

    London's benchmark FTSE 100 index gained 0.4 per cent to 7,187.61 points.

    In the eurozone, Frankfurt's DAX 30 index climbed 0.1 per cent to 15,776.85 points and the Paris CAC 40 rose 0.3 per cent to 6,838.95.

    On Wall Street, the Dow and S&P 500 ended at fresh records Tuesday as industrial companies and commodities producers advanced following Senate passage of a US$1.2-trillion infrastructure package.

    Asian markets picked up the baton with gains of their own on Wednesday.

    AFP

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