Equity bulls in Europe were back in action on Wednesday as str | FXTM Forex Market News

Equity bulls in Europe were back in action on Wednesday as strong earnings from the region countered concerns over rising Covid-19 infections in Asia.

The Euro STOXX 50 index has gained almost 1% today, while the DAX is up more than 0.4% and CAC 40 more than 0.70%.



U.S stock markets opened lower with the Nasdaq becoming the weakest link after Netflix kicked of FAANG earnings season with a disappointing report. However, the S&P 500 later clawed most of yesterday’s losses as investors redirected their attention towards earnings.



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