European stocks poised to extend gains after Wall Street’s record highs

European stocks poised to extend gains after Wall Street’s record highs


Opening calls

The U.K.’s Met Office forecasts another public health warning for temperatures reaching 34 degrees Celsius in London, as members of the public cross Westminster Briidge, on Aug. 12 2025.

Richard Baker | In Pictures | Getty Images

Good morning from London, where more sweltering weather is on its way.

Stocks are also looking set to heat up somewhat, with futures tied to the FTSE 100 last seen trading 0.2% higher. Those tied to the German DAX are 0.5% higher, while futures tied to the French CAC 40 are up by 0.4%.

Chloe Taylor



Source

Tech AI spending may approach 0 billion this year, but the blow to cash raises red flags
World

Tech AI spending may approach $700 billion this year, but the blow to cash raises red flags

A general view of the Google Midlothian Data Center where Texas Gov. Greg Abbott and Alphabet and Google CEO Sundar Pichai are scheduled to speak on Nov. 14, 2025 in Midlothian, Texas. Ron Jenkins | Getty Images Alphabet, Microsoft, Meta and Amazon are expected to spend nearly $700 billion combined this year to fuel their […]

Read More
Time for traders to fade this group of stocks that’s been on a tear, says Carter Worth
World

Time for traders to fade this group of stocks that’s been on a tear, says Carter Worth

(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) The low-beta, long-time laggard S & P 500 Consumer Stapes Sector has come to in a big way the past 3 months, now up 15% in the period versus a 1% gain for the S & P 500 Index itself. Here and now, by […]

Read More
Trump holds leverage over Iran thanks to low oil prices, Energy Secretary says
World

Trump holds leverage over Iran thanks to low oil prices, Energy Secretary says

Low oil prices give President Donald Trump more leverage over Iran, U.S. Energy Secretary Chris Wright said Friday, speaking as the two adversaries teeter on the brink of another conflict. “The world is very well supplied with oil right now, and I think it gives President Trump more leverage in his geopolitical actions to not […]

Read More