(Bloomberg) — Stocks rose in Europe and Asia on Wednesday as investors continued a rotation into cyclical industries at the expense of technology shares. Crude oil rose.Gains in travel, energy and consumer stocks pulled the Stoxx Europe 600 Index higher at the open. Tech shares underperformed, including Dutch Internet provider Prosus NV.Equities in Japan, Korea and Australia climbed more than 1%, but a technology selloff in China deepened following Beijing’s crackdown on the Internet industry.The picture was brighter for U.S. shares. Nasdaq 100 futures edged higher along with contracts on the S&P 500, whose underlying benchmark pulled back from a …read more
Source:: Yahoo Finance
