European stocks rise in early trading, Puma up 3%, Nasdaq futures up 0.6%

European stock markets rose in early trading as the EU and India reached a trade agreement, with positive market reactions. The market anticipates that US and European companies will announce their earnings later this week.

The pan-European STOXX 600 index rose by 1.58 points or 0.3%, closing at 611.15 points; the UK FTSE 100 index increased by 27 points or 0.3%, closing at 10,176 points; the French CAC 40 index rose by 10 points or 0.1%, closing at 8,141 points; the German DAX index increased by 56 points or 0.2%, closing at 24,989 points; the Spanish IBEX 35 index rose by 45 points or 0.3%, closing at 17,726 points; the Italian FTSE MIB index increased by 260 points or 0.6%, closing at 45,210 points.

In individual stocks, French game software company Ubisoft rose by 3.8%, while Puma, which received investment from Anta (02020.HK), rose by another 3%. HSBC and Crédit Agricole rose by 2%, chip equipment maker ASM rose by 1.8%, and lithography machine manufacturer ASML rose by 1.4%. Silver mining stock Fresnillo fell by 2.9%.

In US stock futures, Dow futures fell by 44 points or less than 0.1%, closing at 49,521 points; S&P 500 futures rose by 18 points or 0.3%, closing at 6,999 points; and Nasdaq 100 futures rose by 143 points or 0.6%, closing at 25,991 points.

In the Asia-Pacific stock markets, the Shanghai and Shenzhen stock markets rose by 0.2% and less than 0.1%, respectively; Hong Kong stocks rose by 1.4%; Taiwan and Japanese stocks each rose by 0.8%; South Korean stocks rose by 2.7%; and Australian and New Zealand stock markets rose by 0.9% and 0.4%, respectively. Indian and Singaporean stock markets recently rose by 0.2% and 1%, respectively