European markets set to open broadly higher as positive momentum continues

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An aerial drone presumption shows the Reichstag (upper near corner) successful Berlin, Germany, connected February 22, 2025.

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LONDON — European stocks are seen opening broadly higher connected Wednesday, maintaining affirmative momentum seen earlier this week connected hopes that the U.S. authorities shutdown volition extremity soon.

The U.S. authorities could reopen arsenic soon arsenic the extremity of this week aft the Senate connected Monday evening passed a spending bill that has since moved to the House of Representatives for a last vote.

The U.K.'s FTSE scale is expected to unfastened unchanged, Germany's DAX up 0.4%, France's CAC 40 0.25% higher and Italy's FTSE MIB up 0.22%, according to information from IG.

On Wednesday, net are owed from Infineon Technologies, E.ON, Experian, Alcon, RWE, Bayer, Swiss Life, Poste Italiane, SSE and ABN Amro.

In Asia Pacific markets overnight, SoftBank Group shares fell arsenic overmuch arsenic 10% aft the institution said it sold its full stake successful U.S. chipmaker Nvidia for $5.83 billion.

In its net report, the Japanese conglomerate said it sold 32.1 cardinal Nvidia shares successful October, and besides trimmed its T-Mobile position, raising $9.17 billion.

In the U.S., stock futures were comparatively level Tuesday nighttime pursuing a league wherever investors sold disconnected exertion names, including Nvidia, and drove a rally successful much risk-off parts of the market.

Talks of a banal marketplace bubble person not dissipated either, but investors are showing much discernment betwixt which tech giants look to person a leg-up successful the AI race.

— CNBC's Pia Singh contributed to this marketplace report.

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