{"id":84861,"date":"2023-06-02T13:44:49","date_gmt":"2023-06-02T09:44:49","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84861"},"modified":"2023-06-02T13:44:51","modified_gmt":"2023-06-02T09:44:51","slug":"european-stocks-rose-amid-optimism-after-the-approval-of-the-us-debt-ceiling-legislation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-rose-amid-optimism-after-the-approval-of-the-us-debt-ceiling-legislation\/06\/02\/market-updates\/","title":{"rendered":"European stocks rose amid optimism after the approval of the US debt ceiling legislation"},"content":{"rendered":"\n<p>European stocks rose on Friday, led by mining and real estate stocks, as investors breathed a sigh of relief after the US Congress approved the debt ceiling bill and signs the Federal Reserve may pause its rate hike cycle later this month.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index was up 0.5% by 0712 GMT, with shares in sectors such as mining, retail, oil and gas rising.<\/p>\n\n\n\n<p>On Thursday, the US Senate approved a bipartisan bill backed by President Joe Biden to raise the government&#8217;s debt ceiling of $31.4 trillion, avoiding what could have been its first-ever default.<\/p>\n\n\n\n<p>The European real estate index also rose 1.9 percent as government bond yields continued to decline amid signs that price pressures are easing faster than expected in the eurozone.<\/p>\n\n\n\n<p>German sportswear maker Puma and Adidas rose 3.9 percent and 3.2 percent, respectively, after US retailer Lululemon Athletica raised its annual sales and profit forecasts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose on Friday, led by mining and real estate stocks, as investors breathed a sigh of relief after the US Congress approved the debt ceiling bill and signs the Federal Reserve may pause its rate hike cycle later this month. The pan-European Stoxx 600 index was up 0.5% by 0712 GMT, with shares &hellip;<\/p>\n","protected":false},"author":9,"featured_media":82172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-84861","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84861"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84861\/revisions"}],"predecessor-version":[{"id":84862,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84861\/revisions\/84862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/82172"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}