Optimism has led European stocks and Dow futures to rise as financial markets return


Senior Vice Presidential Candidate for Democracy Sen. Kamala Harris (L) and U.S. Vice President Mike Pence participate in the Vice President’s Debate at the University of Utah on October 7, 20, 2020 in Suttle Lake City, Utah.

Pool / Getty Images


European stocks rose on Thursday as optimism returned to the financial markets after signals came as a surprise for the world’s largest economy.

Stocks Europe 600 SXXP,
+ 0.58%
Swiss drugmaker Novartis up 0.5% on profits, including NOVN
+ 0.85%,
And the German chemicals company BASF BAS,
+ 1.63%.

German DAX DAX,
+ 0.62%
0.4%, French CAC 40 PX1,
+ 0.48%
Rose 0.3%, and the UK FTSE 100 UKX,
+ 0.49%
Increasing 0.1%.

US stocks closed higher on Wednesday with D Indust Industries DJIA.
+ 1.91%
After both President Donald Trump and House Speaker Nancy Pelosi backed the small relief bill, Trump pulled up 30 points, dragging out negotiations on a major stimulus plan the day after. U.S. Stock Futures ES00,
+ 0.43%
Thursday pointed to further gains.

“Coronavirus cases that are growing rapidly, and U.S. With elections approaching, we are hesitant to call for a long-running recovery. For now, the prospect of partial, solitary, stimulus bills in the US may support investor sentiment for some time to come, ”said Charlambos Pisauros, senior market analyst at JFD Group.

Wednesday night’s debate between Vice President Mike Pence and Democratic Vice Presidential candidate Kamala Harris was a more traditional confrontation than the previous presidential debate, and there was no change in the dynamics of the election, including former Vice President Joe Biden. Commanding lead in the polls.

From stocks on the move, GVC Holdings GVC,
+ 99.9999%
M.G.M. Resorts its BTMM with MGM. The sports-betting company rose 3% after taking profit guidance through better forecast performance from the joint venture.
+ 2.13%.
GVC reported a 12% increase in net gaming revenue in the third quarter. Rival Flutter Entertainment FLTR,
+ 1.94%
Rose 2%.

Shares in Talk Talk TALK,
+ 16.56%
TFXFund Asset Management raised 97%, citing non-binding of non-pence per share, to buy a U.S. telecommunications company. The proposal includes a number of predictions, including Charles Dunstone, Toktalka’s top shareholder and executive chairman.

Hargreaves Lansdowne HL,
-5.69%
The asset manager slipped 5% in the September-end quarter after registering a flat net new business.

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