European markets open broadly higher as positive momentum continues
European stocks opened broadly higher on Wednesday, maintaining positive momentum seen earlier this week on hopes that the U.S. government shutdown will end soon.
The U.S. government could reopen as soon as the end of this week after the Senate on Monday evening passed a spending bill that has since moved to the House of Representatives for a final vote.
The pan-European Stoxx 600 Index rose 0.4% shortly after the opening bell on Wednesday, with most major bourses and sectors in positive territory.
The U.K.’s FTSE index, which has been tracking an all-time high in recent sessions, was up about 0.2% at 8:05 a.m. in London (3:05 a.m. ET), with Germany’s DAX up 0.7%, France’s CAC 40 0.4% higher and Italy’s FTSE MIB — which on Tuesday surpassed its 2007 peak, reaching its highest closing level since 2001 — up 0.6%.
On Wednesday, earnings are due from Infineon Technologies, E.ON, Experian, Alcon, RWE, Bayer, Swiss Life, Poste Italiane, SSE and ABN Amro
Source : Cnbc.com
