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European Markets Close On Firm Note On Rate Cut Hopes, AI Optimism
RTTNews·2025-10-03 17:14

European closed higher on Friday as rising hopes of more interest rate cuts from the Federal Reserve, and optimism surrounding artificial intelligence outweighed concerns about any impact of the government shutdown in the U.S.Investors also digested the latest batch of economic data from the region, including reports on manufacturing and services sector activity in major European economies.Shares from financial, mining and energy sectors were among the prominent gainers.The pan European Stoxx 600 gained 0. ...