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(Reuters) – European stocks rebounded in the previous session on Tuesday, following a surge in commodity stocks to offset concerns over the Omicron coronavirus variant.
Pan-European prices rose 0.9% from 0821 GMT onwards, with mining and oil stocks benefiting from higher and crude prices, amid a slight rise in risk appetite. [O/R] [MET/L]
Semiconductor and chip stocks ASML Holding (NASDAQ :), ASM International (OTC :), Infineon (OTC 🙂 Tech and STMicroelectronics rose about 2% each time Micron Technology (NASDAQ 🙂 US chip makers trade after exceeding market expectations updating.
Manufacturers of sports products Adidas (OTC 🙂 and Puma rose by 1.2% and 1.0% respectively. Nike (NYSE:) Quarterly pace.
Sanofi (NASDAQ 🙂 down 0.1% after Amunix Pharmaceuticals announced it would buy for about $ 1 billion.
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