European markets head for higher open, buoyed by rebound on Wall Street [CNBC]
KERING SA UNSP/ADR (PPRUY)
NASDAQ:AMEX Investor Relations:
kering.com/en/finance
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Source: CNBC
Regional markets closed higher Monday, buoyed by a rebound in tech stocks on Wall Street, and the U.K.'s FTSE 100 clocked its fourth daily gain Monday and surpassed its previous record close set on Feb. 20, 2023. U.K. stocks were boosted, while sterling tumbled against the U.S. dollar as investors raised bets on a summer interest rate cut from the Bank of England. Investors in the region are looking ahead to bank earnings this week, and will be keeping an eye on a range of tech earnings stateside, with Tesla reporting during U.S. trading hours Tuesday. In Europe Tuesday, earnings are set to come from Renault, Kering, OVH, Novartis and Associated British Foods. On the data front, preliminary manufacturing and services purchasing managers' index data for the euro zone in April will be released. Overnight, Asia-Pacific markets extended gains from Monday as investors look toward flash business activity figures from Australia, Japan and India. U.S. stock futures were little change
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