European markets edged higher after the Fed’s interest rate decision. Powell stated a wait-and-see approach, with only one more rate cut projected. Swiss National Bank kept interest rates at 0% due to low inflation. U.K.’s FTSE, Germany’s DAX, and France’s CAC 40 saw slight gains. Magnum Ice Cream Co. and Ashtead Group were top gainers, while Entain and Associated British Foods saw losses. In Germany, Daimler Truck Holding and Merck gained, while Symrise and SAP lost. Schneider Electric in France announced a buyback program. TP surged, while Stellantis and Renault saw drops in the market.
Read more at Nasdaq: Major European Markets Slightly Higher In Cautious Trade
