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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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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