European stock markets climb at open

May 7, 2024
european-stock-markets-climb-at-open

European stock markets climb at open

AFP

Synopsis

European stock markets rose at the start of trading Tuesday as traders anticipate cuts to interest rates in the coming months on both sides of the Atlantic. In the eurozone, the Paris CAC 40 index began Tuesday with a gain of 0.5 percent to 8,037.95 points.

European stock markets climb at openAgencies

European stock markets rose at the start of trading Tuesday as traders anticipate cuts to interest rates in the coming months on both sides of the Atlantic.

London‘s FTSE 100 index, reopening after a UK public holiday, jumped 1.0 percent to 8,299.28 points, reaching a new all-time high as it caught up with gains elsewhere on Monday.

In the eurozone, the Paris CAC 40 index began Tuesday with a gain of 0.5 percent to 8,037.95 points.

Frankfurt’s DAX gained 0.5 percent to 18,258.39.

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Download The Economic Times News App to get Daily Market Updates & Live Business News.

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