The rise came as investors reassessed the prospects of a US Federal Reserve On cutting interest rates further next week.
And reduce European Central BankThe Federal Reserve cut interest rates by 25 basis points, for the second time this year, during its meeting on Thursday, in line with expectations.
According to the European Central Bank’s statement, the main interest rate on deposits was reduced to 3.50 percent, compared to 3.75 percent, the level it reached in June after being reduced by 25 points from its record level of 4 percent.
The European Central Bank indicated that declining inflation and slowing economic growth allow for some easing of monetary policy.
Stock movements
The index roseDow JonesThe industrial index rose by 56.9 points, or 0.14 percent, at the opening to 41,153.7 points.
The index roseStandard & Poor’s 500“By 7.6 points, or 0.14 percent, to 5,603.34 points.
The index also provides:NasdaqThe complex rose by 5.6 points, or 0.03 percent, to 17,575.258 points.
