Stocks listed in Europe looked set to open broadly higher on Tuesday, following a Wall Street rally that propelled all three major U.S. indexes to record highs.
Futures tied to the Euro Stoxx 50 were last seen trading 0.1% higher. Those linked to the French CAC 40 and Germany’s DAX index were last up by around 0.2%, while FTSE 100 futures were 0.1% higher.
On Monday, chipmaking giant Nvidia announced plans to invest up to $100 billion in OpenAI to build data centers, with the former firm’s CEO Jensen Huang labeling the partnership “a giant project.”
The news sparked a rally on Wall Street, with Nvidia gaining 3.9% during the session and with major averages closing at new all-time highs.
Global investors are also reacting to the latest developments on Sino-U.S. relations. At a press conference in Beijing on Tuesday, U.S. Ambassador to China David Perdue said that a meeting between U.S. President Donald Trump and Chinese leader Xi Jinping was more likely to take place in early 2026 than during the tail end of this year. Â
Overnight in Asia, Taiwan stocks hit a record high on the back of the U.S. tech rally, while U.S. stock futures were flat on Tuesday morning.
Back in Europe, traders will be monitoring various economic data releases, including the HCOB Manufacturing PMI data for Germany, S&P Global’s U.K. Manufacturing PMI, and Spain’s latest balance of trade.
