ADP Jobs Data Spurs European Indexes Higher -- Market Talk

Dow Jones12-04

0834 GMT - European indexes followed U.S. and Asian markets higher as higher expectations of U.S. rate cuts feeds through to global markets following ADP payroll data out of the U.S. Wednesday. The German DAX leads early climbers, rising 0.7% on the back of strong early gains in automotives. Porsche is up 3.4% in early trading, with Mercedes-Benz close behind--rising 3.2%. Elsewhere, Spain's IBEX 35 and the French CAC 40 are up 0.2% and 0.4% respectively, while the U.K.'s FTSE 100 falls 0.1%. The French index is driven by strong tech and financials, with semiconductor group STMicroelectronics rising 4.2%. Investors watch for Eurozone October retail data and the Bank of England's Decision Maker Panel later Thursday.(josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

December 04, 2025 03:36 ET (08:36 GMT)

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