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Europe: Stocks surge at the open

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Read more at The Business Times.

The atrium of the London Stock Exchange's offices in London. Ten minutes into trading London's blue-chip FTSE 100 index had gained 0.4 per cent to 7,604.39 points.[PARIS] European stocks jumped higher at the start of trading on Thursday, joining a global rally as investors welcome indications that Iran and United States want to avoid a conflict.

Ten minutes into trading London's blue-chip FTSE 100 index had gained 0.4 per cent to 7,604.39 points, the DAX 20 in Frankfurt shot 1.2 per cent higher to 13,478.75 and the CAC 40 in Paris rose 0.6 per cent to 6,064.75.

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