Forexpros

European Markets Close Higher; Dax Up 3.45%

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Forexpros – European stocks were up after the closing bell on Friday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 3.45%, London&rsquo;s FTSE 100 gained 3.04%, France&rsquo;s CAC 40 climbed 4.02% and the EURO STOXX 50 was up 4.15%.<br/><br/> Earlier in the day, preliminary data showed that U.S. UoM consumer sentiment fell more-than-expected to a seasonally adjusted 54.9 last month from 63.7 in the preceding month.<br/><br/>Analysts had expected UoM consumer sentiment to fall to 63.0 last month.<br/><br/> Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 1.22%; the S&P 500 index gained 0.73%, while the Nasdaq 100 index climbed 0.60%.<br/><br/>

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