European markets close higher as interest rate concerns ease

NAMPA / DPA

2026-07-03

Brussels (dpa-AFX) - After struggling for direction until around midday, European stocks moved higher and closed on a firm note on Friday on easing concerns about Middle East tensions and hopes that the Federal Reserve will not tighten its monetary policy for now. The Labor Department's data showing a smaller than expected growth in US non-farm payroll employment in the month of May helped raise hopes the Fed will not hike interest rates soon. Th......

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