At approximately 09:00 in Lisbon, the EuroStoxx 600 was up 1.04% to 570.68 points.
London, Paris, and Frankfurt stock markets rose by 0.53%, 1.18%, and 1.37%, while those in Madrid and Milan increased by 1.06% and 1.33%, respectively.
The Lisbon stock exchange maintained the trend from its opening, with the main index, PSI, also rising more than 1%, specifically 1.21% to 8,285.76 points, against a new high since January 2010, of 8,484.01 points on November 5.
After closing lower last Friday, the European markets are attempting to recover some of their losses, driven by gains indicated in the futures of major Wall Street indicators.
This follows the U.S. Senate’s procedural vote success to progress a bill that would unlock funds to reopen the federal government after a 40-day administration shutdown.
The Dow Jones closed on Friday up 0.16% to 46,987.10 points, against 47,706.37 points on October 28, a new high since its inception in 1896.
The Nasdaq, an index of high-tech stocks, ended down 0.21% to 23,004.54 points, against the all-time high of 23,958.47 points noted on October 29.
The Senate secured the necessary 60 votes to advance a deal allowing payment to federal employees and agencies, after eight Democratic senators broke party discipline to extend the budget until January 30.
This development also propelled gains in Asia (Tokyo’s Nikkei rose 1.26%, Hong Kong’s Hang Seng index 1.55%, and Shanghai’s 0.53%) and then in Europe, where the euro rose and was traded at $1.1576.
Today’s key publication is from the Centre for European Economic Research (ZEW) on the November investor confidence index in Germany; the European benchmark Brent crude oil price rises by 0.79%.
Brent crude, the European benchmark oil for January 2026 delivery, advanced to $64.14, against $63.63 on Friday.
The price of gold, traditionally viewed as a safe haven asset in uncertain times, increased today with an ounce trading at $4,077.89, against $4,001.26 on Friday and the all-time high of $4,347.86 noted on October 20.
In the debt market, the yield on Germany’s 10-year bond rose to 2.690%, compared to 2.665% on Friday, and France’s yields rose to 3.471%, against 3.462% at the end of last week and the high of 3.600% on September 25.
The euro advanced to $1.1576 on the Frankfurt currency market, against $1.1566 on Friday and the four-year high of $1.1865 observed on September 16.
