European equities bounce back at the start of the session


Wall Street

European equities bounce back at the start of the session | Photo credits: Juan Novakosky / Shutterstock.com

PARIS, December 21 (Reuters) – The main European stock markets started to rise again at the start of the session Tuesday after being penalized the day before by uncertainties about the pace of economic growth in the face of the spread of the Omicron variant. In Paris, the CAC 40 gained 0.63% to 6,913.69 points at 08:38 GMT. In London, the FTSE 100 takes 0.9% and in Frankfurt, the Dax is up 0.56%. The EuroStoxx 50 index is up 0.73%, the FTSEurofirst 300 0.99% and the Stoxx 600 0.74%. European indices rose after being affected on Monday, like all world markets, by fears of a tightening of health restrictions linked to the spread of Omicron and by fears of a failure in the US Congress of a Joe Biden’s investment plan. “We believe markets can get past the concern over Omicron. Additionally, we believe that the gradual pace of monetary tightening will not end the rally in stocks, and that the potential demise of the US ‘Build Back Better’ bill. ‘will not have a significant impact on the economic or market outlook, “said Mark Haefele, at UBS Global Wealth Management. Goldman Sachs had for its part lowered its quarterly forecasts of gross domestic product in the United States in 2022 by integrating the non-adoption of the social reform project. Unlike Monday’s session, all European sectors are progressing. The Stoxx index of basic resources (+ 2.27%) shows the strongest growth, ahead of that of financial services (+ 1.49%) and that of technology (+ 1.11%). The values ​​of semiconductors ASML (+ 2.27%), Infineon (+ 1.54%) and





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