Stocks rose on Thursday as economic data from around the world fed hopes that the global economy might not face as hard a landing as feared a few months ago, even as interest rates threaten to remain higher for longer than expected.
The pan-European STOXX 600 index rose 0.5 percent, while London’s FTSE 100 continued with its recent run of record highs thanks to with a flurry of share buybacks from banks lifting their stocks.
France’s CAC 40 advanced 0.8 percent, leaving it a whisker away from record highs.
MSCI’s all country world price index rose 0.3 percent, on track to recover last week’s losses and up more than 1 percent this week. U.S. stock futures were marginally higher….
RSS Feed | The Epoch Times