European markets started 2025 in positive territory on Thursday.
Pan-European Stokes 600 The index rose 0.28% by 8:11 a.m. London time as regional stock exchanges reopened after the New Year holiday.
Oil, gas and mining stocks led the gains and were recently up 1.47% and 1.32%, respectively. Meanwhile, banking stocks fell 0.1%, and media stocks fell 0.33%, making them the only sectors to decline.
Major regional stock exchanges also rose on Thursday, including the UK Stock Exchange FTSE 100 index Adding 0.29% France CAC 40 An increase of 0.21% and Germany Dax 0.55% rise
No big earnings or data releases on Thursday.
Asian stocks Stocks traded mixed overnight, with Chinese stocks leading losses as several major markets resumed trading after the New Year holiday.
US stock futures It was slightly higher going into 2025. Traders are hoping the market can regain the momentum that propelled it to record two consecutive years of annual gains above 20%.
Although US stocks fell in thin trading in the final days of 2024, the year still showed strong gains; The S&P 500 rose 23% last year, while the 30-stock Dow added nearly 13%. Fueled by enthusiasm around artificial intelligence and interest rate cuts, Nasdaq Composite It outperformed by 29%.
Investors are likely to evaluate the impact on Thursday Deadly attack in New Orleans On New Year’s Day it is being investigated as a possible terrorist act.
The FBI said it was possible that the suspect, who drove a truck into a crowd of people, was not “solely responsible” for the accident in which at least 15 people were killed.
— CNBC’s Christina Scheider-Burke and Sophie Kederlein contributed to this market report
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