European stock markets opened up today. After the Monetary Policy Committee (FOMC) of the Federal Reserve (Fed) resolved 8-2 votes to cut short-term interest rates by 0.25% to 1.50-1.75% at yesterday’s meeting. Meanwhile, investors are still Wait and see the company’s earnings reports. Stoxx Europe 600 Index opens at 399.15 points, up 0.45 points. CAC-40 index, the French stock market opened today at 5,770.26 points, up 4.39 points, + 0.08%. The German stock market DAX opened at 12, 93 7.59 points, an increase of 27.36 points, + 0.21%
The Federal Reserve (Fed) issued a statement after the meeting of the Monetary Policy Committee (FOMC), which was completed yesterday (30 October), stating that the information received since the FOMC committee meeting in September Indicates that the labor market is still strong. And economic activity increased at a moderate level. The average employment has been strong in the past several months While the unemployment rate remained low. Meanwhile, although household spending grew at a solid rate But investment in fixed assets of businesses and exports is still weak