Stock market: Europe continues to rise, the highest levels since August have been updated

European stock markets are rising sharply, following the outcome of the vote in the United States and the quarterly results. The Stoxx 600 index gains 0.6% to 662 points, updating the record level reached in August. Analysts see a reduction in spending on artificial intelligence and a greater possibility of a solution to the war between the US and Iran, with a positive impact on energy prices.

Madrid (+1.3%), Paris (+0.94%), London (+0.86%), Frankfurt (+0.61%) are growing. The main price lists are supported by luxury (+1.2%) and cars (+0.6%). Banks (+1.3%) and insurance companies (+0.8%) also increased. Purchases on utilities (+1%), with the price of gas falling. In Amsterdam prices fell by 0.26% to 87.88 euros per megawatt hour. The technology sector is weak (-0.6%), with risks for investments in AI. Energy fell (-0.6%), while oil increased slightly. The WTI gained 0.4% to 88.50 dollars a barrel and Brent recorded a rise of 1.3% to 95.87 dollars.

Government bond yields showed little change. The spread between BTPs and Bunds drops to 102 points, with the Italian 10-year rate at 4.29% and the German one at 3.26%. The price of gold rose by 1.9% to 4,124 dollars an ounce. On the foreign exchange market, the euro reduces its gains to 1.1234 against the dollar.