European Stock Markets Rise After Fed Resumes Rate Cuts

In Paris, the CAC 40 rose by 0.70% to reach 7,841.78 points by 07:19 GMT. In Frankfurt, the DAX increased by 1.24%, while in London, the FTSE 100 saw a modest gain of 0.10%. The EuroStoxx 50 index climbed by 0.98%, the FTSEurofirst 300 advanced by 0.57%, and the Stoxx 600 gained 0.55%. Amid concerns over a weakening labor market, the Federal Reserve lowered its key interest rate by a quarter point on Wednesday, as anticipated, bringing it to a range between 4% and 4.25%.