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European stocks are jumping as traders bet on loose Fed policy, while US markets break for the 4th of July

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Traders are betting weak hiring and commercial data will mean lower interest rates. Markets are closed in the US on July 4.

US markets are closed for the July 4 holiday. European stocks rose on Wednesday as disappointing US employment and commercial data fueled anticipation of looser monetary policy. US hiring figures from payment-processor ADP missed market forecasts, while the ISM non-manufacturing PMI survey delivered its lowest reading in nearly two years.

US markets are closed for the July 4 holiday. European stocks rose on Wednesday as disappointing US employment and commercial data fueled anticipation of looser monetary policy. US hiring figures from payment-processor ADP missed market forecasts, while the ISM non-manufacturing PMI survey delivered its lowest reading in nearly two years.

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