All signs suggest the bear market in European equities may be over, said longtime Europe investor Gene Salamon.
European equities touched fresh multi-month peaks on Monday, with technical charts pointing to a continued slow grind higher.
Take a look at some of Thursday's midday movers:
European shares closed higher on Thursday afternoon after stronger-than-expected U.S. jobs data.
Eric Meurice, CEO of ASML the microelectronics maker, tells CNBC that despite the PC business is not picking up they are confident in their outlook for 2013.
THE OFFER: ASML Holding NV, the Dutch chip-making equipment supplier, bid $2.55 billion for California company Cymer Inc.. THE ACQUIRER: ASML uses such beams in machines to trace out the circuits of computer chips. Its customers include Intel, Samsung and Taiwan Semiconductor Manufacturing, all of whom own stakes in ASML.
AMSTERDAM-- ASML Holding NV, the biggest supplier of equipment to semiconductor manufacturers, has offered to buy Cymer Inc. of the U.S. for around $2.55 billion in cash and shares.
Oct 11- ASML Holding NV:. *Jefferies cuts ASML Holding NV price target to 39 euros from 45. Reuters Station users, click. 1580.
Stocks finished lower in volatile trading Tuesday, dragged by industrials, after a batch of profit warnings overshadowed earlier optimism that Germany's top court will approve the euro zone's new bailout fund.
U.S. stock index futures gained on Tuesday after euro zone leaders ratified the terms of a bailout agreement for Spain’s banking sector and as traders speculated that Germany's top court would approve the EU's permanent bailout fund.
Take a look at some of Tuesday’s morning movers:
Stocks are off their highs on several issues: 1) Hawkish comments from Dallas Fed's Fisher critical of QE2 and implying there was no way he would support QE3;
Futures gained Wednesday after finishing lower for the third-straight session as optimism about the global economy improved despite the continuing euro zone debt crisis.
Applied Materials is paying $4.9 billion in cash to buy Varian because when it comes to making the equipment that makes the chips, Varian does something very technical for clients that Applied Materials no longer does.
Stocks closed mostly flat Wednesday after an up-and-down day punctuated by negative economic news and a lowered growth forecast by the Federal Reserve.
Plus, get calls on a key segment of the tech group.
Stocks climbed into positive territory at the halfway point Wendesday, led by technology, after Intel's strong earnings and outlook. Financials were mostly lower.
U.S. stock index futures were higher ahead of the open Wednesday, thanks in part to better-than-expected earnings from Intel, suggesting the major averages could extend their winning streak to a seventh consecutive session.
Click here for 4 potential winners and 5 possible losers if the euro falls a whole lot more!
Technology bellwether Cisco reported earnings and sales on Wednesday that topped analysts’ expectations. Does this signal better news for the rest of the sector? David Eiswert, vices president and portfolio manager at T. Rowe Price Associates shared his favorite tech plays.