European Markets Rally as ECB Prepares for Meeting
European stocks and bonds gained on Thursday as investors awaited the European Central Bank policy decision. ECB President Christine Lagarde confirmed she will step down early in February.
Xurve View
Insights:
Xurve View
European shares rose 0.5% Thursday morning as investors awaited policy signals from the European Central Bank and earnings from major technology firms following severe tech sell-offs. The regional STOXX 600 climbed despite a 1% drop in Nasdaq futures and heavy losses for mega-cap technology shares. Markets are balancing rate-cut expectations against soaring capital expenditures on artificial intelligence infrastructure.
