Stock movements
Close the cursor”Stokes 600“The European Union rose by 0.8 percent after a two-day decline.
Stock exchanges trended in most major markets including… France andItaly To rise, the German DAX index closed at its highest level ever.
And lower European Central Bank Interest rates are 25 basis points, after a similar cut in September, the first two successive rate cuts in 13 years.
However, the central bank gave no indication of future moves in its statement and reiterated that decisions will depend on the data.
Shares of defense industries companies topped sectoral gains, with an increase of 2.6 percent, while shares of financial services companies, banks, and manufactured goods were among the best performers.
Investor sentiment was already high on the back of a series of strong business results before the European Central Bank announced its decision to cut rates.
