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European Stocks Close Higher Ahead of Fed Meeting

M. Ali 16 March, 2021 11:00 pm Global Stock Market, Market Update

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%.

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