European stocks rise; FTSE 100, Dax, and Cac climb higher; oil prices fall 1.6% to $89.70/barrel.

European stocks rose, with the FTSE 100, Germany's Dax, and France's Cac climbing higher. Oil prices fell 1.6% to $89.70 per barrel after reaching highs last week, positively affecting share prices of airlines such as EasyJet and British Airways owner IAG Group. UK equities also recorded weekly losses as investors scaled back bets on several interest rate hikes from the Federal Reserve.

April 08, 2024
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