InPost lockers on March 16, 2017 in Warsaw, Poland.
Karol Serewis | Gallo Images | Getty Images
LONDON — European stocks opened broadly higher on Tuesday, with some indexes touching record highs as investors track geopolitical developments following the U.S.’ ouster of Venezuelan leader Nicolas Maduro.
By 8:20 a.m. in London (3:20 a.m. ET), the pan-European Stoxx 600 was 0.3% higher, with most regional bourses seeing gains. The index was last seen trading at an all-time high, while Spain’s IBEX 35 also rose to a record high in early trade after touching on a record price in the previous session.
European bourses traded higher Monday, and the U.S.’ three major averages rallied following the capture of Maduro and after President Donald Trump’s call for American energy giants to invest in the oil-rich nation. The 30-stock Dow closed at a record on Monday.
The market moves suggest that investors this time are pushing aside fears of bigger geopolitical conflicts and remain confident in risk-on assets as the new year begins.
Looking at individual stocks, logistics firm InPost surged 15.3% to top the Stoxx 600 on Tuesday morning after the company said it had received an indicative proposal for an acquisition of all its shares. InPost noted in the statement that “there can be no assurance that this will lead to a transaction.”
Meanwhile, shares of Danish pharmaceutical giant Novo Nordisk jumped around 4.5% following the launch of its Wegovy weight-loss pill in the United States on Monday. The move set the stock up to extend gains seen in the previous session, when it gained 5%.
Asian defense stocks rallied for a second straight session Tuesday, even as the region traded mixed, with investors assessing geopolitical risks after the U.S. attack on Venezuela.
— CNBC’s Pia Singh contributed to this market report.
