Rolling live coverage of business, economics and financial markets as hopes for end of the rate hike cycle also boosts shares
Also of note: European semiconductor companies are among the big winners this morning, borrowing momentum from Nvidia.
ASM International, ASML, Aixtron and BE Semiconductor have each gained between 2.6% and 4.3% in early trading.
EUROPE’S STOXX 600 UP 0.7%
BRITAIN’S FTSE 100 UP 0.7%
FRANCE’S CAC 40 UP 1.0%, SPAIN’S IBEX UP 0.8%
EURO STOXX INDEX UP 0.9%; EURO ZONE BLUE CHIPS UP 1.0%
GERMANY’S DAX UP 1%