Stock markets across Europe rose this morning as strong results from Nvidia and renewed hopes that interest rates are close to peaking restored investor sentiment.
Investors tracked a rally on Wall Street and Asia overnight as Nvidia, the world’s most valuable chipmaker, “hailed a new computing era” and forecast sales of about $16 billion during the three months to October, up almost 170 per cent on the year.
The FTSE 100, home to the UK’s biggest companies, gained another 27.44 points, or 0.4 per cent, to hit a one-week high of 7,347.80, while the more UK-focused FTSE 250 advanced 80 points, or 0.4 per cent, to 18,306.53.
The rises were mirrored across the Continent with the Dax index in Frankfurt up 0.2 per
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