European equities open higher before Fed

Europe’s main stock markets bumped higher at the open Wednesday, as cautious investors awaited an expected US Federal Reserve interest rate hike and digested a raft of earnings.

London’s benchmark FTSE 100 index rose 0.5 percent to 7,811.56 points compared with the closing level on Tuesday.

In the eurozone, Frankfurt’s DAX index gained 0.4 percent to 15,793.04 points and the Paris CAC 40 won 0.4 percent to 7,415.93.

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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