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Tag Archives: Frankfurt the DAX 30 saors 2.8% pts

European stocks end higher, FTSE 100 up 2pc, Frankfurt DAX 30 soars 2.8%

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LONDON: Global stock markets surged in a “Santa Clause rally” as traders welcomed the effect of the US Federal Reserve meeting which indicated an interest rate increase was not imminent. In Europe, London’s benchmark FTSE 100 index closed up 2 per cent to 6,466 points as investors welcomed British retail sales rising strongly in November as shoppers snapped up bargains. ... Read More »