European shares end at near one-week highs, boosted by tech stocks

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European shares end at near one-week highs, boosted by tech stocks via IrishTimesBiz

The pan-European STOXX 600 climbed 0.8 per cent, adding to a 1.4 per cent jump in the previous session, which was also its best day in two weeks.Among stocks, Germany’s Delivery Hero jumped 7.4 per centto the top of the STOXX 600 after saying it would scale down its Foodpanda operations in the country and sell the subsidiary’s Japan unit.gained 0.9 per cent after agreeing to buy Hong Kong-based LF Logistics for $3.6 billion in an all-cash deal.

Wall Street’s main indexes surged on Tuesday after three straight sessions of declines, but few market-moving catalysts and thin volumes in the last two weeks of trading this year are likely to push up volatility. In 2021, the S&P 500 index is up about 24 per cent. Tesla jumped 7.5 per cent and was on pace to close at a $1 trillion market value. According to an interview released on Tuesday, Tesla chief executiveThe US Food and Drug Administration is set to authorise Covid-19 treatment pills from both

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