European Stocks Rise for the Week
European Stocks Rise for the Week (Reuters)
The FTSEurofirst 300 closed up 0.5% on Friday, boosting gains for the week to 3.6%, the greatest weekly growth since April. The market reacted positively to the certainty signaled by the U.S. Fed’s plans to start tapering its monetary stimulus in January. European investors also appreciated positive economic growth data on Friday and earlier in the week.