LONDON — European stocks closed higher on Thursday amid a raft of data releases from the region.
The pan-European Stoxx 600 ended the session up 0.6%, with tech stocks climbing 2% to lead gains as almost all sectors and major bourses closed in positive territory.
European investors were digesting data releases from the region Thursday that can offer more clues on the state of health of the European economy.
Euro zone manufacturing activity grew at its fastest pace on record in March, with IHS Markit’s final manufacturing PMI coming in at 62.5 compared to February’s 57.9. Read more…..
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The U.S. government is now so heavily indebted, that if interest rates continue to climb up, interest expenses alone could bankrupt the Treasury, said Michael Gentile, strategic investor and board member on several gold mining companies.