European Stocks Rise Despite US Market Close Lower

was up 0.74% in opening trade, with all major bourses and virtually all sectors in the green. Mining stocks added 2.87% while telecoms were a rare outlier, down 0.94%.. The company jumped as much as 5.8% before paring gains slightly, after saying it was on track to make almost £1 billion in annual profits following an uptick inU.S. stocks initially jumped after the Fed announced a jumbo 50 basis point cut to interest rates, bringing its target range to 4.75% to 5.00%.

futures were seen lower overnight.Back in Europe, investor attention is now turning to the Bank of England, with the central bank largely expected to hold rates steady at 5%. The Fed's jumbo rate cut is unlikely to impact the Bank of England, according to"The U.K. is looking very much at its own economy. The fact that the U.S.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

European Stocks Rise Ahead of Expected Fed Rate CutEuropean stock markets edged higher on Tuesday, with investors anticipating a dovish stance from the Federal Reserve at its upcoming policy meeting. The Fed is widely expected to initiate an easing cycle by cutting interest rates for the first time in four years.
La source: Investingcom - 🏆 450. / 53 Lire la suite »

European stocks slip lower; risk sentiment fragile ahead of payrollsEuropean stocks slip lower; risk sentiment fragile ahead of payrolls
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Tech and media stocks boost European sharesTech and media stocks boost European shares
La source: Investingcom - 🏆 450. / 53 Lire la suite »

European stocks climb after hefty Fed cut; Next soars after outlook liftEuropean stocks climb after hefty Fed cut; Next soars after outlook lift
La source: Investingcom - 🏆 450. / 53 Lire la suite »

European stocks higher with central bank decisions in focus; Commerzbank shares hit 12-year highEuropean stocks were higher Tuesday, as upcoming central bank meetings remain in focus.
La source: NBCNewYork - 🏆 270. / 63 Lire la suite »

European stocks open lower ahead of key interest rate decisionsEuropean stocks fell on Monday as investors prepared for a busy week of interest rate decisions from the U.S. Federal Reserve and the Bank of England.
La source: NBCNewYork - 🏆 270. / 63 Lire la suite »