The Semiconductor Sector in the U.S. stock market is strongly rising before the market opens, with ASML Holding up over 9%, Micron Technology and Marvell Technology each up over 3%, and Broadcom up over 2%.

Italy's January Istat Consumer Confidence Index is 98.2, with expectations of 96, and a previous value of 96.3.

Italy's January Istat manufacturing confidence Index is 86.8, expected 85.5, previous value revised from 85.8 to 85.9.