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.

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