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Europe Gains Ground On Energy And Consumer Discretionary Stocks

EQUITIES
  • European equities are gaining, led by energy (Stoxx600 energy sector +1.8%) amid the oil price rally, and consumer discretionary (+1.4%), with the German Dax up 38.12 pts or +0.24% at 15808.04, FTSE 100 up 32.81 pts or +0.46% at 7087.9, CAC 40 up 59.79 pts or +0.9% at 6626.11 and Euro Stoxx 50 up 24.85 pts or +0.6% at 4147.5.
  • U.S. futures are gaining, though the Nasdaq has underperformed a little in the European morning, with the Dow Jones mini up 153 pts or +0.44% at 35211, S&P 500 mini up 14.5 pts or +0.33% at 4451.5, NASDAQ mini up 38.5 pts or +0.26% at 15125.25.
  • Overnight, Asian stocks closed higher, following Wall Street's lead Friday: Japan's NIKKEI up 480.99 pts or +1.78% at 27494.24 and the TOPIX up 34.46 pts or +1.83% at 1915.14. China's SHANGHAI closed up 49.798 pts or +1.45% at 3477.132 and the HANG SENG ended 259.87 pts higher or +1.05% at 25109.59
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