HomeNewsNewsGlobal stocks gain as appetite for risk stages comeback

Global stocks gain as appetite for risk stages comeback

  • Stock stage recovery after bruising day for Wall Street
  • Euro STOXX 600 up as much as 1.1%
  • U.S. stock futures add 0.6%
  • Dollar softens
  • Turkish lira gains further in volatile trading

LONDON/HONG KONG, Dec 21 (Reuters) – World shares gained on Tuesday as investors weighed up the extent to which the Omicron coronavirus variant would hit economies around the world, with the dollar softening as appetite for riskier assets made a cautious return.

The broader Euro STOXX 600 (.STOXX) rose as much as 1.1%. German DAX’s (.GDAXI) added 0.8%, with London’s FTSE (.FTSE) climbing 0.9%.

Semiconductor and chip stocks grabbed the limelight, with ASML Holding (ASML.AS), ASM International (ASMI.AS), and STMicroelectronics all up around 2% after a positive trading update from U.S. chipmaker Micron Technology (MU.O).

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