European stocks rise on hint of slower Fed interest rate increases

Quick Summary:

The Hang Seng index added 0.8 per cent, while China’s CSI 300 gained 1.1 per cent.

Chinese stocks, meanwhile, pushed higher on Thursday morning after the country’s top Covid-19 official suggested Beijing had softened its stance on pandemic restrictions.

Contracts tracking Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq 100 both rose 0.1 per cent.

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Article Details

Author / Journalist: George Steer

Category: MarketsFinanceInvesting

Markets: United StatesChinaJapan

Topics: Percentage Inflation Cent Financial Rate Interest Equities Added Powell Thursday Points

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-01 @ 08:43:39 (1 months ago)

News Timezone: GMT -5:00

Ranking: #162 (out of 6302 stories this day)

News Source URL: ft.com

Language: English

Article Length: 526 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 2076592

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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Year Established: 1888

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News Last Updated: 19 hours ago

Coverage Areas: United States

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