European Indexes Rise at Open as AI Stocks Rally

Dow Jones
09/25

0731 GMT - European stock indexes open in the green, boosted by a rally in AI-linked stocks. Banks and mining stocks also gain as the Stoxx 600 rises 0.7%. The semiconductor-heavy AEX adds 0.6% in Amsterdam, with ASML jumping 2.3%. Peers ASM International and BE Semiconductor add 2% and 1.4%, respectively. In Paris, the CAC 40 gains 0.4%, boosted by a 3.1% jump for chip maker STMicroelectronics. Societe Generale gains 2.4%. Metals miners lift London's FTSE 100 up 0.5%, while the German DAX rises 0.7%. Deutsche Bank gains 2.2%, while data center energy provider Siemens Energy rises 2.1%. Banks lift Italian and Spanish indexes, with the FTSE MIB up 1.1% and the Ibex 35 gaining 0.8%.

 

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