Global stocks rise on strong European, Chinese data

Visitors stand near an electronic stock board showing a trading figure at Tokyo Stock Exchange a ceremony marking the start of this year's trading in Tokyo Thursday, Jan. 4, 2018. (AP Photo/Eugene Hoshiko)
Kimono-clad employees of the Tokyo Stock Exchange and models walk out from the stage during a ceremony marking the start of this year's trading in Tokyo Thursday, Jan. 4, 2018. (AP Photo/Eugene Hoshiko)
Kimono-clad women pose for photographers in front of stock prices board after a ceremony marking the start of this year's trading the Tokyo Stock Exchange in Tokyo Thursday, Jan. 4, 2018. (AP Photo/Eugene Hoshiko)
Workers of Tokyo Stock Exchange monitor stock prices on an electric screen during the first trading session of the year at the Tokyo Stock Exchange in Tokyo Thursday, Jan. 4, 2018. (AP Photo/Eugene Hoshiko)
Staff of the Tokyo Stock Exchange and guests make a ceremonial hand-clapping during a ceremony marking the start of this year's trading in Tokyo Thursday, Jan. 4, 2018. (AP Photo/Eugene Hoshiko)
Kimono-clad employees of the Tokyo Stock Exchange and models pose for photographers after a ceremony marking the start of this year's trading in Tokyo Thursday, Jan. 4, 2018. (AP Photo/Eugene Hoshiko)
Kimono-clad employees of the Tokyo Stock Exchange and models pose for photographers in front of stock prices board after a ceremony marking the start of this year's trading in Tokyo Thursday, Jan. 4, 2018. (AP Photo/Eugene Hoshiko)

TOKYO — Global stocks rose on Thursday after strong economic data from Europe and China, while shares in chipmaker Intel were expected to fall again over a data security scare.

KEEPING SCORE: France's CAC 40 added 1.3 percent to 5,400, while Germany's DAX gained 1.1 percent to 13,122. Britain's FTSE 100 edged nearly 0.2 percent higher to 7,682. U.S. shares were also set for gains, with Dow futures up 0.4 percent and S&P 500 futures adding 0.2 percent.

ECONOMIC DATA: A survey of the manufacturing and services sectors in the 19-country eurozone saw business activity rise in December to its highest in nearly seven years. The survey suggests the bloc's economic upswing is still gathering pace and is shared across the region. A similar survey in China of the services sector also rose, unexpectedly. That suggests the country will be more resilient to a slowdown in industrial production.

ASIA'S DAY: Japan's benchmark Nikkei 225 advanced 3.3 percent to finish at 23,506.33 in the celebratory first trading session of the year. Australia's S&P/ASX 200 edged 0.1 percent higher to 6,077.10. South Korea's Kospi lost 0.8 percent to 2,466.46, while Hong Kong's Hang Seng added 0.5 percent to 30,736.48, while the Shanghai Composite gained 0.5 percent to 3,385.71.

CHIPMAKERS: Shares in Intel fell 3.4 percent on Wednesday and were down another 1.9 percent in premarket trading Thursday after security researchers at Google discovered serious security flaws in its computer processors. Though a fix was expected, it's unclear what other chipmakers might be affected. Rival AMD said it believes its chips are safe and saw its shares rise 3.1 percent in premarket trading after a 5.2 percent gain the previous day.

ENERGY: Benchmark U.S. crude rose 15 cents to $61.78 a barrel in electronic trading on the New York Mercantile Exchange. It added $1.26 on Wednesday. Brent crude, used to price international oils, shed 2 cents to $67.82 a barrel in London.

CURRENCIES: The dollar rose to 112.62 yen from 112.36 yen. The euro rose to $1.2070 from $1.2014.

____

Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama

Her work can be found at https://www.apnews.com/search/yuri%20kageyama

Must Read

Hong Kong election highlights rising anti-China mood

Sep 4, 2016

Polls opened in Hong Kong Sunday for the specially administered Chinese city's most crucial...

Merkel appeals to Russia to enable Syria cease-fire

Sep 5, 2016

German Chancellor Angela Merkel is renewing an appeal to Russia to enable a cease-fire in Syria and...

Asian stocks mixed on stronger China trade, Nasdaq gain

Sep 8, 2016

Asian stock markets were mixed Thursday after China reported unexpectedly strong trade and Wall...

China says it can't end North Korea nuke program on its own

Sep 12, 2016

China says the United States has inflamed the conflict on the Korean Peninsula and must carry the...

Alibaba fires 4 employees accused of stealing mooncakes

Sep 14, 2016

Four employees at Chinese internet giant Alibaba have lost their jobs after being accused of...