European indexes rebound after tech-led rally on Wall Street

[Global Business Strategy on Digital Display]
Tom Werner

London (UKX [https://seekingalpha.com/symbol/UKX]) +0.22% to 9,247.

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) +0.48% to 23,638. German services, composite PMIs beat in September; Manufacturing misses. [https://seekingalpha.com/news/4497517-german-services-composite-pmis-beat-in-september-manufacturing-misses#source=url_first_level%3Amarket-news%7Csection%3Amarket-pulse%7Csection_asset%3Anews_title]

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) +0.71% to 7,885. France PMI slips in September, misses forecast across sectors. [https://seekingalpha.com/news/4497516-france-pmi-slips-in-september-misses-forecast-across-sectors#source=url_first_level%3Amarket-news%7Csection%3Amarket-pulse%7Csection_asset%3Anews_title]

Among other European countries, Poland’s unemployment rate rose to 5.5% in August.

Sweden’s central bank unexpectedly cut its policy rate by 25 basis points to 1.75% at its September meeting.

Switzerland’s current account surplus narrowed sharply to CHF 10.2 billion in Q2.

The Netherlands’ GDP grew by 0.2% Q/Q in Q2.

Euro Area's manufacturing slows, while services pick up in September [https://seekingalpha.com/news/4497522-euro-areas-manufacturing-slows-while-services-pick-up-in-september#source=url_first_level%3Amarket-news%7Csection%3Amarket-pulse%7Csection_asset%3Anews_title]

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] turned 0.33% higher to 555.3, as investors reacted to the Nvidia-OpenAI deal [https://seekingalpha.com/news/4497243-nvidia-plans-to-invest-up-to-100b-in-openai-progressively-to-build-ai-data-centers]. Investors will also turn to flash PMI readings from European countries.

IN THE BOND MARKET, the U.S. 10-year Treasury yield was down 2 basis points to 4.13%.

Germany's 10-year yield was down less than 1 basis point to 2.74%.

UK's 10-year yield was down 3 basis points to 4.70%.

CURRENCIES: (EUR:USD [https://seekingalpha.com/symbol/EUR:USD]) (GBP:USD [https://seekingalpha.com/symbol/GBP:USD]) (CHF:USD [https://seekingalpha.com/symbol/CHF:USD])

ETFS: (NYSEARCA:EWG [https://seekingalpha.com/symbol/EWG]), (NYSE:GF [https://seekingalpha.com/symbol/GF]), (NYSEARCA:EWI [https://seekingalpha.com/symbol/EWI]), (NYSEARCA:EWQ [https://seekingalpha.com/symbol/EWQ]), (NASDAQ:FGM [https://seekingalpha.com/symbol/FGM]), (NASDAQ:DAX [https://seekingalpha.com/symbol/DAX]), (NYSEARCA:FLGR [https://seekingalpha.com/symbol/FLGR]), (NYSEARCA:FXB [https://seekingalpha.com/symbol/FXB]), (NYSEARCA:EWU [https://seekingalpha.com/symbol/EWU]), (NASDAQ:FKU [https://seekingalpha.com/symbol/FKU]), (BATS:EWUS [https://seekingalpha.com/symbol/EWUS]), (NYSEARCA:FLGB [https://seekingalpha.com/symbol/FLGB]), (NYSEARCA:GREK [https://seekingalpha.com/symbol/GREK])

MORE ON EUROPE

* GREK- Exploring This One And Only Pureplay Greek Equity ETF [https://seekingalpha.com/article/4824843-grek-exploring-one-and-only-pureplay-greek-equity-etf]
* Despite A Decline, The Dollar's Influence Persists [https://seekingalpha.com/article/4824490-despite-decline-dollar-influence-persists]
* EUR/USD: Euro Bullish Trend Intact Despite Sell-Off After FOMC (Technical Analysis) [https://seekingalpha.com/article/4824165-eurusd-euro-bullish-trend-intact-despite-sell-off-after-fomc-technical-analysis]
* German services, composite PMIs beat in September; Manufacturing misses [https://seekingalpha.com/news/4497517-german-services-composite-pmis-beat-in-september-manufacturing-misses]
* France PMI slips in September, misses forecast across sectors [https://seekingalpha.com/news/4497516-france-pmi-slips-in-september-misses-forecast-across-sectors]