Home / Market Update / Global Stock Market / European Stocks Close Higher Ahead of Fed Meeting

European Stocks Close Higher Ahead of Fed Meeting

European stocks rose on Tuesday, amid positive expectations about economic recovery, and a positive performance by the auto sector after Germany’s Volkswagen announced positive forecasts for the industry.

The pan-European STOXX 600 index gained 0.87% and closed at 426.75 points.

Meanwhile, the French CAC40 added 0.32%, while the German DAX rose by 0.66%.

The UK’s FTSE100 also finished higher by 0.80%.

Check Also

Sterling Rebounds Following Softer US PCE Data

The Pound Sterling bounces back strongly above 1.3400 against the US Dollar after soft US …