Major European markets closed Thursday's session with gains as investors digested the latest European Central Bank meeting minutes, which showed that all Governing Council members agreed to keep interest rates unchanged in December, giving the ECB time to "assess the inflation outlook."
In business, Robert Bosch GmbH confirmed that it plans to cut approximately 1,200 jobs in its Cross-Domain Computing Solutions division by the end of 2026.
The DAX closed 0.82% higher and the Euro Stoxx 50 rose 1.15%, with Infineon Technologies AG surging by 4.81%. The FTSE 100 climbed 0.18%, as Flutter Entertainment plc skyrocketed 15.53%. The CAC 40 added 1.13%, with STMicroelectronics climbing by 3.43%.
The euro fell by 0.14% against the dollar at 5:28 pm CET, selling for $1.08661. At the same time, the pound sterling was flat compared to the greenback, going for $1.26853.
