European stocks follow Wall Street higher

European and Asian equities advanced on Tuesday, following an overnight rebound in Big Tech stocks on Wall Street as investors anticipated the sector would post strong corporate results this week.

Europe’s region-wide Stoxx 600 rose 1.2 per cent, while France’s Cac 40 added 1.3 per cent and Germany’s Dax gained 1.1 per cent.

The Stoxx Europe 600 Technology index led gainers in the region, up 2.6 per cent, after US peers pushed the tech-heavy Nasdaq Composite and the Fang+ index, which tracks some of the sector’s megacap companies, close their strongest trading sessions since late July.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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