European Factors to Watch-Shares seen higher, energy and tech stocks in focus

martes 17 de mayo de 2016 02:52 GYT
 

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report)

LONDON May 17 (Reuters) - European shares headed for a higher open on Tuesday, mirroring gains on Wall Street and in Asia, with firmer commodity prices seen supporting mining and energy stocks, while a rally in U.S. tech giant Apple could help European technology firms.

Futures for the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were 0.5 to 0.8 percent higher by 0651 GMT.

Investors were expected to keep a close eye on energy stocks after crude oil prices rose for a second straight session as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices.

European technology companies could also be in focus as Apple shares finished up 3.7 percent after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the iPhone maker.

Wall Street rallied sharply on Monday, while MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.8 percent on Tuesday, with Japan's Nikkei also gaining about 1.1 percent.

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