European markets moved higher on Tuesday after closing out their fourth straight month of gains, as investors digested a host of economic data.
TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME
.FTSE FTSE 100 FTSE 7083.49 60.88 0.87 406979178
.GDAXI DAX DAX 15589.87 168.74 1.09 28759135
.FCHI CAC 40 Index CAC 6507.08 59.91 0.93 28667848
The pan-European Stoxx 600 was up 1.25% during afternoon deals to notch a new all-time high, with basic resources adding 3% to lead gains as all sectors and major bourses traded firmly in positive territory.
Shares in Asia-Pacific were mostly rose by Tuesday’s close as investors reacted to China’s Caixin/Markit manufacturing Purchasing Managers’ Index (PMI) for May. The final activity reading came in at 52, slightly exceeding analyst expectations of 51.9.
U.S. stock index futures were also higher in early premarket trade on Tuesday, signaling a positive start on Wall Street later in the day.
Europe’s major indexes had closed lower on Monday after a quiet session due to public holidays in the U.K. and the U.S., with inflation figures out of Germany and Spain guiding sentiment. Optimism over the region’s economic recovery prospects has continued to drive markets higher in recent months, with more indicators to come on Tuesday.
