Reuters.Investing.com – European stock markets are expected to open higher Friday, benefiting from the global optimism that a U.S. debt default will be avoided, but concerns about future growth remain.
At 02:00 ET (06:00 GMT), the contract in Germany traded 0.2% higher, in France climbed 0.3% and the contract in the U.K. rose 0.2%.
On Wall Street, the and indices closed at their highest levels since August 2022, and in Asia Japans has surged to its highest level since 1990.
This follows top U.S. congressional Republican Kevin McCarthy indicating confidence that an agreement to lift the U.S. debt ceiling, and thus preventing the country from defaulting on its obligations, can be achieved in the near future.
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