The Swiss stock market is showing modest strength in mid-day trading on Tuesday. Returning to work after the three-day weekend, traders pushed shares higher amid inflation data out of China and positive signs from the U.S. pre-market.
However, sentiment remains cloudy, as concerns persist about the lingering debt crisis in Europe. On Monday, debt rating agency Standard & Poor's lowered its opinion on Greek debt to triple-C. This afternoon, economic news out of the U.S. will help define the tone of trading.
The benchmark SMI is up 0.65 percent at 6,237.64. The SLI is up 0.47 percent at 969.77. The SPI is up 0.5 percent at 5,735.30.
Cyclical stocks have performed well during the morning. SGS is up 2.1 percent, Kuehne + Nagel is up 1.6 percent, Syngenta is up 1.1 percent and Holcim is higher by 1.1 percent.
There is also strength in the financial sector, despite the ongoing worries about Greece. UBS is up 1.5 percent, CS is higher by 0.7 percent. and Julius Baer is posting a 0.8-percent advance.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.