European markets started 2025 on a positive note on Thursday.
Pan-European Stoke 600 As of 8:11 a.m. London time, the index was up 0.28% as regional exchanges reopened after the New Year’s Day holiday.
Oil and gas and mining stocks led the gains, rising 1.47% and 1.32% respectively. At the same time, banking stocks fell 0.1% and media stocks fell 0.33%, becoming the only two sectors to retreat.
Major regional stock markets also rose on Thursday, with UK stocks FTSE 100 France increased by 0.29% CAC 40 Up 0.21%, Germany German DAX Index up 0.55%.
There are no major earnings or data releases on Thursday.
Asian stocks It was mixed overnight, with Chinese stocks leading the losses as several major markets resume trading after the New Year holiday.
US stock futures Stocks edged higher as 2025 trading begins.
Although U.S. stocks fell in weak trading in the final days of 2024, the year still produced solid gains; the S&P 500 rose 23% last year, while the 30-stock Dow Jones Industrial Average rose nearly 13%. Fueled by artificial intelligence and enthusiasm for interest rate cuts, Nasdaq Index Outperformed the market, rising 29%.
Investors are likely to assess the impact on Thursday Deadly attack in New Orleans The incident on New Year’s Day is being investigated as a possible act of terrorism.
The FBI said the suspect who drove a truck into a crowd may not be “fully responsible” for the incident that killed at least 15 people.
—CNBC’s Christina Cheddar Berk and Sophie Kiderlin contributed to this market report
