European stocks set for positive open as global markets push higher
Published Wed, Dec 3 2025
1:20 AM EST
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LONDON â European stocks are expected to open in positive territory on Wednesday as global markets move higher.
The U.K.'s FTSE index is seen opening 0.11% higher, Germany's DAX up 0.16%, France's CAC 40Â up 0.14% and Italy's FTSE MIB 0.18% higher, according to data from IG.
The positive open eyed by regional markets comes after major U.S. indexes recovered in Tuesday's trading session and Asia-Pacific markets rose broadly overnight â that follows some losses at the start of the week, .
Wall Street's gains came on Tuesday as tech stocks such as Nvidia rose and bitcoin gained, a day after the flagship cryptocurrency logged its worst day since March.Â
Investors are gauging the possibility of a year-end rally, as December trading historically bodes well for U.S. stocks and because November was such a downbeat month as profit-taking trimmed valuations for some high-flying names.
Traders stateside are also optimistic about corporate earnings results and are looking ahead to the Federal Reserve's interest rate decision on Dec. 10.
Markets are pricing a roughly 89% chance of a cut during the upcoming meeting, which is much higher than the odds from mid-November, according to the CME FedWatch tool.
Earnings in Europe come from Inditex. On the data front, European purchasing managers' index (PMI) data is due.
â CNBC's Pia Singh contributed to this market report.