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European stocks head for biggest rise in two months

Europe's banks also drove higher following broker upgrades for Credit Suisse

Reuters  |  London 

European stocks headed for their biggest rise in two months on Monday as investors snapped up cut-price retail and tech stocks and France's markets cheered a parliamentary majority for pro-business President Emmanuel Macron. Risk was back in vogue and the Nasdaq was expected to regain 0.7 per cent of the near 3.5 per cent it has lost over the last couple of weeks as investors have top-sliced the likes of Apple, Amazon and Alphabet that have been on a tear all year. Europe's banks also drove higher following broker upgrades for Credit Suisse, while there was little sign of ...

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First Published: Mon, June 19 2017. 19:08 IST
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