FTSE 100 and European stocks surge in first day of Q2

The FTSE 100 and European stocks bounded higher after the long Easter break, spelling a positive start to the first day of the second quarter of the year.

  • The FTSE 100 (^FTSE) rose 0.5% in early trade. Meanwhile, the DAX (^GDAXI) was 0.1% higher in Germany and Paris’ CAC (^FCHI) rose 0.2%.
  • The pan-European Stoxx 600 (^STOXX) also rose 0.3%.
  • The moves came following new data from the British Retail Consortium (BRC) which shows that shop price inflation fell to its lowest level since December 2021 in February. Despite a surge in cocoa prices, supermarkets ramped up chocolate deals, while the price of dairy products fell.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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