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European equities end higher on the U.S. debt ceiling agreement; Swedish real estate giant SBB gains 30%.

Published On 05 Jun 2023 01:25 PM


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After U.S. lawmakers enacted a bill to extend the debt ceiling and cap government spending for two years just days before the deadline to avoid default, European financial markets ended the day higher on Friday.

The Stoxx 600 index finished with a gain of 1.5% after Wednesday's two-month low. While autos saw a 2.9% increase, mining stocks saw a 4.2% gain. In advance of the OPEC+ summit on June 4, oil and gas stockpiles increased ....


Tags : Swedish, SBB, European, Market ,
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