Radiocor News

European shares gain on US Fed rate cut hopes; eye on UK vote

London's FTSE 100 gains 0.81% (Il Sole 24 Ore Radiocor) - Milan , 04 Jul - European share prices were mostly higher at mid-session, boosted by expectations the Federal Reserve could cut interest rates after weak US economic data.

Investors were also keeping an eye on elections in the UK, with the market discounting a victory for the Labour Party.

At 1055 GMT, London's FTSE 100 was up 0.81% at 8,237.60 points while in Frankfurt the DAX was 0.31% higher at 18,436.55 points and in Paris the CAC 40 was up 0.78% at 7,691.65 points. In Milan, the FTSE MIB was 0.58% higher at 34,041.00 points while in Madrid the IBEX 35 was 0.10% lower at 11,045.76 points.

AAA-Hob

(RADIOCOR) 04-07-24 13:03:44 (0327) 5 NNNN

 


The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.


You will be redirected in five seconds.