S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketDanske Research Team notes that European equities rebounded strongly, with Stoxx 600 up 2% and OMX Nordic nearly 3%, while US indices ended slightly lower. Tech and growth stocks outperformed value despite a modest rise in US 10‑year yields. The bank expects the tech comeback to continue, though ongoing Oil price volatility could still test this leadership.
Growth and tech outperform value again
“European equities rallied yesterday, with Stoxx 600 up 2% and OMX Nordic nearly 3%, more than recouping Monday’s losses.”
“Within equities, tech leadership continued, and growth/momentum stocks did particularly well.”
“This is interesting, as it is a trend shift from most of this year, with value outperforming growth with almost 10% YTD before the Iran attacks.”
“Tech comeback is likely to continue today following a strong set of earnings from Oracle.”
“As such, the recent tech appetite will be tested; whether Iran was a temporary distraction from the AI disruption theme or if this new leadership can be sustained.”
