European Stocks Higher; Dovish Fed Minutes Help Sentiment

By Investing.com3 days ago

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© Reuters

By Peter Nurse

Investing.com - European stock markets traded higher Thursday, helped by expectations of a global economic recovery after the Federal Reserve reaffirmed its commitment to an ultra-easy monetary policy.

At 4:20 AM ET (0920 GMT), the DAX in Germany traded 0.2% higher, the CAC 40 in France rose 0.5% and the U.K.s FTSE 100 gained 0.3%, climbing to a 52-week high.

The positive tone in Europe, following a record close on Wall Street by the broad-based S&P 500 index and gains in Asia, has been largely based on the release of the minutes from the Federal Reserves March meeting.

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