European stocks rise following Jerome Powell's comments on inflation and positive performance in tech and resources

From Hindustan Times: 2024-07-03 13:47:28

European stocks rose after Federal Reserve Chair Jerome Powell’s comments on inflation. The CAC 40 Index outperformed, with tech and basic resources leading gains. Sanofi, Anglo American, and H&M saw stock increases. Second round of French elections on Sunday may bring more uncertainty. Final euro area PMI numbers and ECB President Christine Lagarde’s comments also impacting sentiment.



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