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 markets rally on Trump’s Davos agenda

European stock markets surged after Trump’s Davos speech energized financial markets. Banking stocks led gains, while energy and tech faced challenges. JPMorgan European Discovery Trust eyes opportunities amid policy shifts.

JPMorgan European Discovery Trust

European markets begin the week on a positive note

European stock markets opened the week with gains as optimism grew following new employment data from Switzerland. The Swiss Federal Statistics Office reported a 1.2% rise in employment, providing an encouraging signal for investors. Meanwhile, attention