Europe stocks echo US gains

European stocks rose, boosted by gains on Wall Street, as optimism over an eventual breakthrough for US debt-ceiling talks strengthened risk-taking. 

Autos, technology and energy led the advance in Europe, although BT Group Plc slumped 10% after the UK’s biggest network operator said it plans to cut its labor force by as much as 42% by the end of the decade. 

A gauge of Asian stocks climbed as Japan’s Topix index set a fresh 33-year high, with rising exports and a weakening yen buoying sentiment. US equity futures were steady after the S&P 500 and Nasdaq 100 rallied more than 1% on Wednesday.

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
JPMorgan European Discovery Trust

More articles like this

JPMorgan European Discovery Trust

European shares rise ahead of ECB rate decision

European Shares Rise Ahead of ECB Rate Decision On Thursday, European shares experienced a notable rise, particularly driven by technology stocks, which reached their highest level in nearly 24 years. This upward momentum comes as investors

JPMorgan European Discovery Trust

European markets rise as investors await US inflation data

European markets experienced a modest uptick on Wednesday as global investors turned their attention to the impending release of the latest U.S. inflation figures. By 11:40 a.m. London time, the pan-European Stoxx 600 index had risen

JPMorgan European Discovery Trust

Improving European economy outlook

‘The low growth outlook for Europe will improve as soon as the ECB cuts interest rates. Inflation in Europe has fallen more sharply than in the US; this means that the conditions for a rate cut