Global stocks rally on US debt ceiling bill via IrishTimesBiz
Europe’s main indices climbed on Thursday, snapping days of losses after new data showed euro zone inflation eased more than expected last month. The blue-chip Stoxx 50 added 0.9 per cent, while the pan-Europe Stoxx 600 index gained 0.8 per cent.up by between 2.3 per cent and 2.6 per cent, were among the bigger winners, with their Italian peerUniper
, meanwhile, continued its strong run, adding more than 25 per cent after completing the sale of its UAE-based marine fuel trading business., down around 1 per cent, continued their recent downward slide amid concerns about US and Chinese demand.On Wall Street all three main indices were trading higher led by stocks in technology, communication services, industrials and financials.
The Dow Jones Industrial Average rose 0.11 per cent, the S&P 500 gained 0.42 per cent, and the Nasdaq Composite added 0.52 per cent despite a reversal in the artificial intelligence-led rally that took hold in recent sessions.fell more than 18 per cent, extending Wednesday’s drop of 9 per cent, on a disappointing sales outlook, and paring its gain for the year to just under 200 per cent.declined 5.
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