Investors also took heart from the Bank of England signalling this week that peak interest rates would be less than what markets had originally priced in., the publisher that owns the Scotsman and Yorkshire Post, slipped 2.4 per cent after it said it was exploring a cash offer for Daily Mirror-owner Reach.The STOXX 600 closed 1.8 per cent higher on the day, with basic resources, personal and household goods and automakers leading a broad rally. In Frankfurt the Dax advanced 2.
The Euro STOXX volatility index, dropped to an 11-week low, reflecting easing anxiety among investors.shot up 21.4 per cent to the top of the STOXX 600 after it was reported in Germany that outgoing Puma chief executive Bjorn Gulden is set to become the new Adidas head.Wall Street’s main indexes slipped in choppy early trade as investors digested a mixed jobs report that had lifted hopes of the Federal Reserve shifting to smaller rate hikes in the future.
A closely-watched report showed an uptick in the unemployment rate in October, pointing to some cooling in the labour market that could give the Fed cover to reduce the size of its rate hikes from December.rose 1.8 per cent and 1.6 per cent respectively in volatile trade. US-listed shares of Chinese companies including