(Reuters) - European shares extended their rally on Friday, on track to end their week higher, following a sharp jump in the previous session after the ...
- European shares extended their rally on Friday, on track to end their week higher, following a sharp jump in the previous session after the European Central Bank signalled an end to - European shares extended their rally on Friday, on track to end their week higher, following a sharp jump in the previous session after the European Central Bank signalled an end to its rate hike cycle.
STOXX 600 rose 0.9%, supported by gains in China-exposed luxury stocks after better-than-expected economic data in the world's second-largest economy.The pan-European STOXX 600 index notched its biggest percentage gain in six months on Thursday following the ECB's 25-basis point hike, its 10th and likely final hike in a 14-month-long fight against inflation.Sweden's H&M shed 4.
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