Home » Economy » European Stock Market Surge: China’s Support for Real Estate, Pending US Inflation Figures Drive Market Momentum

European Stock Market Surge: China’s Support for Real Estate, Pending US Inflation Figures Drive Market Momentum

2023-07-11 15:46:11

European stock markets closed higher on Tuesday, driven by announcements from China to support its real estate sector, pending US inflation figures on Wednesday and the start of the earnings season.

Paris closed up 1.07%, particularly driven by luxury, the heavyweight of the star CAC 40 index. Frankfurt gained 0.75% and London 0.12%.

Euronext CAC40

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