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European Stocks Close Broadly Higher

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

European stocks closed broadly higher on Thursday with investors closely following the news from the Middle East front and reacting to the European Central Bank's rate hike announcement.

The pan European Stoxx 600 climbed 0.54%. The UK's FTSE 100 and France's CAC 40 both gained 0.48%, while Germany's DAX edged up 0.06%. Switzerland's SMI finished with a gain of 0.49%.

Among other markets in Europe, Australia, Belgium, Czech Republic, Denmark, Greece, Ireland, Netherlands, Norway, Poland, Portugal, Spain and Sweden closed higher.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.