Around 9:00 AM in Lisbon, the EuroStoxx 600 advanced by 0.45% to 556.87 points.
The London, Paris, and Frankfurt stock markets rose by 0.68%, 0.27%, and 0.19% respectively, while Madrid and Milan saw declines of 0.04% and 0.21%.
The Lisbon stock exchange maintained its opening trend, with the main index, the PSI, slightly up by 0.01% to 7,953.58 points, following a peak of 8,020.36 points on August 21.
Key market highlights in Europe today include Spain’s preliminary year-on-year inflation data, which increased by two-tenths in September to 2.9%, primarily attributed to a smaller decrease in fuel and electricity prices compared to the same month in 2024.
The Eurozone is also set to publish final consumer confidence data for September, while Germany will release August retail sales figures today.
In Asia, Tokyo’s Nikkei index closed with a decrease of 0.69%, whereas Shanghai’s benchmark index rose by 0.97%, Shenzhen gained 1.94%, and Hong Kong’s Hang Seng was up 1.95% nearing the session’s end.
In the U.S., the risk of a government shutdown looms again, with the deadline set for Tuesday, the 30th. Analysts anticipate a last-minute agreement to extend the debt ceiling, likely until mid-November.
Meanwhile, Wall Street futures, following a positive Friday close, continued to trend upward with the Dow Jones advancing by 0.41% and the Nasdaq by 0.48%.
The Dow Jones concluded Friday’s session with a rise of 0.65% to 46,247.27 points, having reached 46,381.54 points on September 22, marking a record high since the index’s inception in 1896.
The Nasdaq, representing high-tech stocks, closed with a 0.44% gain to 22,484.07 points, compared to 22,788.98 points on September 22, also achieving a historic high.
In the debt market, Germany’s 10-year bond yields fell to 2.724%, down from 2.745%.
Commodities saw gold, as a safe haven asset, rise to $3,816.25 per troy ounce, a record high.
Brent crude, the European benchmark for November delivery, decreased to $69.55, from $70.13 on Friday.
West Texas Intermediate (WTI) crude, a U.S. benchmark, also declined by 0.55% to $65.35, ahead of the market’s official opening.
Bitcoin, the most widely traded cryptocurrency, rose by 0.78% to $111,716.6.
The euro climbed to $1.1733 on the Frankfurt foreign exchange market, up from $1.1703 on Friday and marking a four-year high of $1.1865 on September 16.
