Global markets rise as consumer confidence gets Christmas bounce

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Global markets rise as consumer confidence gets Christmas bounce
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Euronext Dublin finishes the day up 1.9% as its heavy-hitters helps it outperform many international peers

Irish builders also enjoyed a positive day as Cairn Homes added 4 per cent to its share price, while Glenveagh Properties was up 2.5 per cent.

Frasers Group and Next shot towards the top of London’s leading index, helping to lift it higher. In other company news, shares in struggling Cineworld dropped further after rival cinema chain Odeon owner AMC Entertainment pulled out of talks to buy the company. The company said it was seeing a boost in demand for its cheaper products as firms seek value amid cost pressures.

The S&P 500 jumped as much as 1.8 per cent, with more than 95 per cent of its stocks rising. The tech-heavy Nasdaq 100 also jumped more than 1 per cent. The Dow Jones climbed 1.53 per cent.

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