European shares lifted by US debt deal optimism
Fri, Jun 2, 2023 3:00 PM

European shares lifted by US debt deal optimism

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European shares rose on Friday, with real estate and mining stocks in the lead as investors took comfort from the passing of the U.S. debt ceiling bill and hints that the Federal Reserve could pause its interest rate hiking cycle later this month. The pan-European STOXX 600 index was up 0.7%, with economically sensitive sectors such as miners, retailers and oil & gas rising the most.

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