FTSE and European stocks nudge higher

The FTSE 100 and European stocks opened slightly higher this Monday following a rally last week amid hopes that interest rates have peaked.

The FTSE 100 (^FTSE) made a subdued start, rising by only 0.10% to 7,425 points, while the CAC 40 (^FCHI) in Paris climbed 0.11% to 7,055 points. In Germany, the DAX (^GDAXI) advanced 0.04% to 15,197. The Stoxx 600 (STOXX) climbed 0.14% at the open after jumping more than 3% last week.

Across the pond, stocks closed higher on Friday as a cooling in jobs growth reinforced hopes that the Federal Reserve is done with its rate-hiking campaign.

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
Twitter
LinkedIn
JPMorgan European Discovery Trust

More articles like this

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

JPMorgan European Discovery Trust

Are European stocks more affordable than US Equities?

Analysts concur that European stocks are notably more affordable than U.S. equities. For instance, the stocks in the Stoxx Europe 600 are valued at 14 times earnings, while those in the S&P 500 trade at 25 times annual

JPMorgan European Discovery Trust

Europe stocks kick off Q2 higher

European stocks kicked off the second quarter slightly higher, with focus on a string of economic data points including inflation data from Germany that could provide clarity on the timing for interest rate cuts by the

JPMorgan European Discovery Trust

European stock markets rise ahead of key inflation data

Europe’s major stock markets opened higher Monday ahead of key eurozone inflation data, and at the start of a busy week for global central banks. In initial trade, London’s benchmark FTSE 100 index of leading companies