European Stocks Rise on Tech Sector Boost and Restructured Microsoft-Activision Deal
TL;DR Summary
European stock markets opened higher, with the Stoxx 600 index up 0.9%, led by gains in the technology sector. French game publisher Ubisoft Entertainment rose 6% after Microsoft announced a restructured deal for its takeover of Activision Blizzard, divesting several gaming rights to Ubisoft. Bond yields reached their highest levels since 2007, causing concerns about potential downsides for equities. Meanwhile, discussions are underway to avoid strike action in Australia that could disrupt global natural gas flows.
- Europe stocks higher; Ubisoft rises 6% on restructured Microsoft-Activision deal CNBC
- European stocks higher; tech sector leads the way By Investing.com Investing.com
- European shares rebound after four-day losses on energy, healthcare boost Reuters
- Europe stocks close slightly higher as UK homebuilders fall; China stimulus underwhelms CNBC
- European shares advance as chipmakers rally; Ubisoft shines By Reuters Investing.com
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
4 min
vs 5 min read
Condensed
92%
895 → 76 words
Want the full story? Read the original article
Read on CNBC