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The Breakfast Briefing: Global Stocks Rise On Tech Sector Strength
FYI: .U.S. equity futures climb for second day; dollar edges down .Treasuries decline as crude rises with metals; EM shares jump
Stocks in Europe and Asia extended Monday’s gains and U.S. futures advanced as the broad risk-on mood across markets continued. Treasuries fell and the dollar edged lower, while the pound climbed ahead of a crucial Brexit vote.
Mining and automaker shares spurred the Stoxx Europe 600, while Asian stocks were headed for their biggest gain since January. U.S. futures advanced after the S&P 500 and Nasdaq 100 indexes surged Monday, helped by news of a merger in the technology sector, an upgrade to Apple Inc., and signs of stabilization in American retail sales. Crude oil climbed after Saudi Arabia was said to extend deep supply cuts. Regards, Ted WSJ: https://www.wsj.com/articles/global-stocks-rise-on-tech-sector-strength-11552382250
