European stocks flash green on Nvidia-inspired surge
STOXX 600 up 0.4%
Tech leads gains, up 1.9%
Autos worst off sector
Traders keep an eye on Yen
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EUROPEAN STOCKS FLASH GREEN ON NVIDIA-INSPIRED SURGE
The STOXX 600 .STOXX is up 0.6%, buoyed by tech stocks as most sectors flash green apart from autos .SAXAP which are down 0.3%
Tech .SX8P stocks are rising 1.9%. The surge follows a rise in Nvidia stock NVDA.O on Tuesday, which ended a three-session sell-off in shares of the U.S. semiconductor giant.
In Europe, Germany's SAP SAPG.DE is among the top tech risers, up 3.7%, while Infineon IFXGn.DE is rising 2.6%.
Shares in Britain's Deliveroo ROO.L rose by as much as 6% after Reuters reported that Doordash held talks with Deliveroo on takeover.
Germany's Delivery Hero DHER.DE is up 2.4%, while Just Eat Takeaway TKWY.AS is off 1.4%. The top mover of the STOXX 600 meanwhile is Rotork ROR.L, rising 3.3% after a broker upgrade.
The top mover of the FTSE 100 is Future FUTR.L, up 8.7%, also after a broker upgrade.
(Lucy Raitano)
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FOR WEDNESDAY'S OTHER LIVE MARKETS POSTS
EUROPE HEADS FOR POSITIVE OPEN AHEAD OF U.S. INFLATION CLICK HERE
CAUTIOUS MARKETS KEEP TECH ENTHUSIASM IN CHECK CLICK HERE
Nvidia shares leave U.S. stock market behind https://reut.rs/3xuhnml
Nvidia's results soar, spurred by AI offerings https://reut.rs/49n1T1j
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