European markets close higher; Dax up 0.95%

Forexpros – European stocks were up after the closing bell on Thursday.

At the close of European trade, Germany’s DAX rose 0.95%, London’s FTSE 100 gained 0.79%, France’s CAC 40 climbed 1.66% and the EURO STOXX 50 was up 2.13%.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 418K last week from 408K in the preceding week whose figure was revised up from 405K.

Analysts had expected Initial Jobless Claims to rise to 408K last week.

Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 1.26%; the S&P 500 index gained 1.42%, while the Nasdaq 100 index climbed 0.79%.

Forexpros - Forex Pros offers a diverse set of professional tools for Forex, Futures and CFDs. These include real-time data streams, technical and fundamental analysis by in-house experts, and a widely used economic calendar and

.