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European stock markets: Markets continue to climb

27/10/2021
Categories: Index/Markets

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European stock markets rose in early trading on Tuesday. After the records recorded the day before on Wall Street and the results of several structures, such as the Swiss bank UBS, the markets continue to climb.

The macroeconomic agenda looks relatively thin. Investors will probably have to wait for the ECB meeting scheduled for Thursday or the publication of inflation figures in the euro zone scheduled for Friday to see an underlying trend taking shape. The Dow Jones and the S&P-500 set new records Monday on the New York Stock Exchange. Wall Street is off to a good start in a week rich in results. For its part, Tesla (+ 12.6%) crossed the 1,000 billion mark in market capitalization after the order of 100,000 of its cars by the rental giant Hertz and a recommendation from Morgan Stanley raising its price target to 1,200 $ instead of $900 per share. Facebook (+1.26%) also ended higher before the publication of its quarterly results after the market close.

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