European Stocks Rise, Wall Street Futures Point to Gains as Investors Digest German Election Outcome

European Stocks Rise, Wall Street Futures Point to Gains as Investors Digest German Election Outcome
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, on Oct. 29, 2018. Staff/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

European stocks edged up and Wall Street futures pointed to early gains as investors digested the outcome of the election in Germany, with apparent relief that the far-left Linke party failed to secure enough votes to enter Parliament and so boosting the likelihood of a more centrist ruling coalition.

Germany’s blue-chip DAX was up 137.10 points, or 0.88 percent, as of 4:32 a.m. New York time on Sept. 27, while the pan-European STOXX 600 index added 1.26 points, or 0.28 percent, in early trading.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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