Home Business European stocks cautious, tech in the spotlight. Oil at the top since 2014

European stocks cautious, tech in the spotlight. Oil at the top since 2014

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(Il Sole 24 Ore Radiocor) – After a session of declines, conditioned by fears about growth in China and the United States, investors remain at the window, with European stock exchanges moving in a moderate and cautious rise. The lists of the Old Continent are in the wake of the Asian ones, which travel in positive territory driven by technology. The indices also benefit from the prospect of a solid quarterly season on both sides of the Atlantic: in the United States big tech accounts are expected, while in Europe today, among others, the numbers of Kering, Danone and Deutsche Boerse.

On the technological side, a special observation is Apple, which presented the new MacBook Pro, which uses its own chips and no longer those of Intel. Attention also to the trend of Petroleum , which continues the bullish race and has gained about 10% since the beginning of the month.

Oil price – Brent

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Tokyo closed 0.65% up, driven by tech stocks

The Tokyo Stock Exchange closed positively a session driven in particular by technology stocks after the closing up of the Nasdaq index on Wall Street, and by a certain optimism on economic growth. The Japanese press speculates a possible total revocation in November of the latest anti-Covid measures to limit the opening hours of bars and restaurants. And investor morale is also supported by the prospect of a new economic recovery plan by the new executive. The Nikkei Lead Stock Index closed up 0.65% at 29,215 points and the broader Topix index of 0.36% to 2,036.75 points

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