European stock markets opened higher on Thursday, reaching record levels in the wake of Wall Street, despite political and budgetary uncertainty in Europe and the United States.
Frankfurt gained 0.28% after hitting a new all-time high during the session at 24,678.45 points. The FTSE 100 in London fell 0.33% and the CAC 40 in Paris rose 0.25% but remained close to its record high reached the previous day.
Renewed confidence in the Asian technology sector
On Asian markets, artificial intelligence was once again the driving force : at midday, the Nikkei was up 1.77%, buoyed by an influx of foreign investment in Japanese technology stocks.
In Taiwan, the market reached a record high, boosted in particular by Taiwan Semiconductor‘s strong results, while in China, blue chips rose 1.7% at the reopening after the holidays, returning to levels not seen since early 2022.
Discover our plans
- Every day, keep up to date with the latest business news from the world of luxury.
- Receive the essential luxury business news by email every week
- Access all our events
- The Luxury Journals and Luxus Magazine in print and digital versions
Subscribe for 1€
Become an active member of the community of luxury leaders.
Read also > [STOCK MARKET UPDATE] European stock markets hit historic highs, buoyed by technology
Featured photo : © Getty Images
