(Reuters) -European stocks bounced back on Wednesday after their worst sell-off this year as optimism about a strong earnings season countered worries about a rapid rise in COVID-19 cases in some countries. Tech stocks were the top gainers, up 1.3%, with semiconductor equipment maker ASML jumping 4.7% after it raised its full-year sales forecast, citing strong demand amid a global computer chip shortage. Smaller rival ASM International rose 0.6% on forecasting a rise in second-quarter orders.
It’s another quiet day ahead on the economic calendar. COVID-19 news and corporate earnings will continue to be areas of focus ahead of tomorrow’s ECB monetary policy decision.
It’s another quiet day ahead on the economic calendar. Geopolitics, COVID-19 news, and corporate earnings will be in focus.