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European stocks rallied across the board on Thursday. At the close, the German DAX index posted the largest increase, followed by the European Stoxx 600 index and the French CAC40 index, and the UK’s FTSE 100 index posted the smallest increase. The biggest upside is that the Federal Reserve’s monetary policy meeting minutes showed that most policymakers agree that it may soon be time to slow the pace of rate hikes. Furthermore, the improvement in economic data has actually boosted market confidence as well.
European stocks closed: European stocks closed higher across the board EU failed to finalize natural gas price cap plan
European stocks rallied across the board on Thursday. At the close, the German DAX index posted the largest increase, followed by the European Stoxx 600 index and the French CAC40 index, and the UK’s FTSE 100 index posted the smallest increase. The biggest upside is that the Federal Reserve’s monetary policy meeting minutes showed that most policymakers agree that it may soon be time to slow the pace of rate hikes. Furthermore, the improvement in economic data has actually boosted market confidence as well.
