City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London.
LONDON — European stocks were higher Thursday morning, spurred on by overnight gains in Asia-Pacific markets.
The pan-European Stoxx 600 was up around 1% at around 9 a.m. London time, with almost all sectors and major bourses in positive territory.
Mining stocks led the gains, up more than 3.3%, while tech, autos and household goods stocks all rose over 2%, respectively.
The upbeat start to Europe's trading day comes after Asia-Pacific markets rose overnight, with markets in the region led by Japan's Nikkei 225 and Chinese markets extending gains.
Japan's Nikkei climbed 2.12%, while the broad based Topix was up 1.65%, as the Bank of Japan released minutes of its July meeting. Mainland China's CSI 300 extended its winning streak to the seventh day.