Global Markets Update: European Markets Follow Asia Higher in Morning Trade

Positive momentum from Asia and Europe is trickling through to the US with S&P 500 futures suggesting Wall Street will start the session with a gain of 0.2 per cent. Banks lead European shares higher today, with investors positioning for a favorable resolution of the Greek sovereign debt crisis and cheering a string of upbeat corporate results, as they bought into high-beta or volatile stocks. Asian shares also rose, hitting their highest level in more than five months.

CNBC | February 8, 2012

Tags:. .trickling. .upbeat. .momentum. .volatile. .sovereign