Stock Markets

European Stock Markets Rise At Open


Europe’s main stock markets climbed at the start of trading on Tuesday following a mixed showing in Asia, as investors looked ahead to the release of US inflation data.

London’s FTSE 100 index jumped 0.9 percent to 7,739.06 points following official UK unemployment and wages data that boosted hopes of a cut to UK interest rates in the coming months.

In…

Europe’s main stock markets climbed at the start of trading on Tuesday following a mixed showing in Asia, as investors looked ahead to the release of US inflation data.

London’s FTSE 100 index jumped 0.9 percent to 7,739.06 points following official UK unemployment and wages data that boosted hopes of a cut to UK interest rates in the coming months.

In the eurozone, the Paris CAC 40 won 0.5 percent to 8,056.69 points and Frankfurt’s DAX gained 0.4 percent to 17,814.05, awaiting the key US data later Tuesday.

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