"European Stocks" European stocks showed mixed developments in the early session, Nestlé rose over 7%, and U.S. stock futures performed well

European stocks showed mixed developments in the early session, with the UK economy recovering growth in August, while the UK stock market was slightly weak. The market continues to watch the tensions in US-China trade.

The pan-European STOXX 600 rose 1 point or 0.2%, reporting 569 points. The UK FTSE 100 index fell 8 points or 0.1%, reporting 9,415 points; the French CAC 40 index rose 8 points or 0.1%, reporting 8,085 points; the German DAX index fell 8 points, reporting 24,172 points; the Spanish IBEX 35 index fell 53 points or 0.3%, reporting 15,516 points; the Italian FTSE MIB index rose 46 points or 0.1%, reporting 41,953 points.

The Swiss government has lowered its economic growth forecast for next year to 0.9% based on the reduction of US tariffs. However, driven by Nestlé's stock price surge of over 7%, the local stock market recently rose by 1%.

Nestlé's organic sales growth of 1.5% in the quarter exceeded market expectations, with its stock price rising by 7.5%. Luxury goods stock Kering fell by 1.9%. Telecom Italia rose by 6%, with Deutsche Bank upgrading the stock's investment rating to "Buy" based on potential merger and acquisition opportunities.

US stock futures rose, with Dow futures up 122 points reporting 46,614 points; S&P 500 futures up 21 points reporting 6,736 points; Nasdaq 100 futures up 126 points reporting 25,051 points.

In the Asia-Pacific stock market, the Shanghai Composite Index rose by 0.1%, while the Shenzhen Component Index fell by 0.3%. The Hong Kong Hang Seng Index fell by 22 points or 0.1%, closing at 25,888 points, with a turnover of 275.4 billion yuan. The Taiwan stock market rose by 1.4%, while the Japanese and South Korean stock markets rose by 1.3% and 2.5%, respectively. The Australian and New Zealand stock markets rose by 0.9% and 0.6%. The Indian Nifty 50 index rose by 201 points or 0.8%, reporting 25,525 points. The Singapore Straits Times Index fell by 16 points or 0.4%, reporting 4,352 points. The Malaysian stock market rose by less than 0.1%, the Thai stock market rose by 0.3%, the Indonesian stock market rose by 0.9%, the Philippine stock market fell by less than 0.1%, and the Vietnamese markets in Hanoi and Ho Chi Minh City rose by 0.4% and 0.5%, respectively