European stocks jump as Fed signals readiness for a rate hike

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European stocks pushed higher Thursday, after the U.S. Federal Reserve indicated the world’s largest economy looks healthy enough to withstand a modest rise in borrowing rates.

Tracking a global rise in equities, the Stoxx Europe 600 SXXP, +0.99%  climbed 1.1% to 383.60, with all sectors moving higher. Stocks were coming back from losses Wednesday, pulled down by declines in travel shares as French police carried out anti-terror raids in Paris.

Benchmarks: The U.K.’s FTSE 100 UKX, +1.28%  rose 1.3% to 6,321.32, and Germany’s DAX 40 DAX, +1.66%  bounced up 1.7% to 11,141.02. France’s CAC 40PX1, +0.87% leapt 1% to 4,954.46.

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