TOKYO (AP) — Global stock markets rose Wednesday amid optimism about the telecommunications industry and as investors expect more central bank stimulus in the eurozone.
KEEPING SCORE: France’s CAC 40 added 0.9 percent to 4,671 while Germany’s DAX was up 1.5 percent at 10,935. Britain’s FTSE 100 rose 1.5 percent to 6,884. U.S. shares were set to drift slightly higher, with Dow and S&P 500 futures inching up almost 0.1 percent.
TRUMP TELECOMS: Shares in technology investor SoftBank jumped 6.2 percent in Tokyo after its CEO met with U.S. President-elect Donald Trump and announced that the Japanese company, which owns the majority of Sprint, plans to invest $50 billion in the U.S. to create 50,000 jobs. Sprint added 1.5 percent and T-Mobile gained about 2 percent, amid speculation T-Mobile it could be acquired, possibly by SoftBank.
EUROPE STIMULUS: Investors are also preparing for the…