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.
France Dernières Nouvelles, France Actualités
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