Traders at the New York Stock Exchange. On Wall Street, the benchmark S&P 500 and the Nasdaq touched record highs after a lower-than-expected increase in a key inflation metric buttressed hopes that the Federal Reserve will cut interest rates this year. Photograph: Spencer Platt/Getty Images
Smurfit Kappa advanced 1.7 per cent to €44.29, with the packaging group gaining momentum throughout the day, while insulation-maker Kingspan added to Tuesday’s gain with a 1.5 per cent climb in Wednesday’s session, finishing at €90.50.As more of us live longer, we need to change not only how we age, but how we think about age.But Ryanair slipped 0.2 per cent to €18.74 and food group Kerry was also under pressure, closing down 1.5 per cent at €78.25.
Credit data firm Experian advanced 8.1 per cent after it forecast annual organic revenue growth of between 6 per cent and 8 per cent for fiscal year 2025.Royal Mail’s parent company International Distributions Services surged 16 per cent after it said it was set to agree a takeover by Daniel Kretinsky if the Czech billionaire makes a formal offer.The pan-European STOXX 600 was up 0.6 per cent, with Germany’s DAX and France’s CAC 40 index also closing at all-time highs.