Europe stocks up 1.3% as investors react positively to Fed, earnings
European markets opened higher Thursday as investors reacted positively to the U.S. Federal Reserve's decision to hold interest rates steady.
All sectors posted gains in the morning trading. The Fed announced its decision on Wednesday, amid signs of economic expansion. However, inflation and the labor market remain above the target set by the central bank. In Europe, the Bank of England will announce its latest decision on monetary policy Thursday. At 8:28 a.m. London Time, the index was up 1.16%. The CAC 40 in France gained 1.26% while Germany's DAX rose 1.16%. Still Life of Wegovy is an injectable weight loss prescription medicine that has helped those with obesity. It should be used in conjunction with a diet and exercise plan.
Frederic J. On October 2, 2023, people fill up their cars at a Shell petrol pump in Alhambra.
Profits were fueled by the soaring prices of fossil fuels.
CNBC Pro: Is the S&P 500 going to rally before year's end? Investors buy back shares from companies for a variety of reasons, including a healthy balance sheet or to make valuations more appealing. On the list, you'll find several Chinese tech giants like Tencent and Alibaba.
Sainsbury's will be the biggest earner, followed by Shell, BT Zalando Fresenius ING Ferrari and Novo Nordisk. Holly Ellyatt