US Futures Rise in Quiet Trading; European Stocks Mixed Ahead of Holidays

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STOCK MARKET,FUTURES,TECHNOLOGY

US equity futures edged higher in light pre-holiday trading, pointing to a muted open on Wall Street following Monday's tech-driven rally. European stocks showed mixed performance with major markets closed or operating with reduced hours. The S&P 500 is poised for a record annual return, fueled by the strong performance of technology stocks. Meanwhile, European equities have lagged behind due to sluggish economic growth and political instability.

Robert Brand and Sagarika Jaisinghani, Bloomberg News -- US equity futures edged higher in muted pre-holiday trading, signaling a subdued open on Wall Street after Monday’s tech-led rally.

European stocks, by contrast, have lagged amid lackluster economic growth and political upheaval in France and Germany. The Stoxx 600 has dropped more than 4% since a September high, heading for its biggest quarterly loss in two years. Asian stocks rose, with shares in Mainland China and Hong Kong among the best performers, while those in Japan were mixed. Taiwan Semiconductor Manufacturing Co. touched a new record high, while Honda Motor Co. jumped after announcing a share buyback.

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