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Strong April Start for European Stocks

EQUITIES
  • Continental equities have got off to a good April start, with the EuroStoxx50 adding to the week's gains and hitting new multi-decade highs ahead of the NY crossover.
  • The UK's FTSE-100 outperforms, higher by 0.7% as Spain's IBEX-35 lags very slightly - higher by just 0.1% headed into US hours.
  • All sectors in Europe trade higher, with real estate and tech outperforming while consumer staples are at the bottom of the pile, but still hold above water.
  • In futures space, firmer sentiment toward tech is helping point to a strong open for the NASDAQ-100, while the e-mini S&P is narrowing the gap with alltime highs posted mid-March at 3,988.75.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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