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European Market Updates

European Stocks Close On Firm Note

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks closed on a firm note on Monday as bond yields dropped and investors digested some corporate news, while looking ahead to fresh economic data, the U.S. Presidential debate, and France's snap parliamentary polls.

Expectations of interest rate cuts by central banks helped underpin sentiment.

The pan European Stoxx 600 climbed 0.73%. The U.K.'s FTSE 100 gained 0.53%, Germany's DAX and France's CAC 40 ended higher by 0.89% and 1.03%, respectively. Switzerland's SMI rallied 1.2%.

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