European markets higher with central bank decisions ahead

on Feb 02, 2023 12:40:PM

The pan-European Stoxx 600 index was up 0.4% in early afternoon trade, with most sectors a mixed bag. Technology rocketed 3% as travel and retail stocks added 1.9%. At midday London time, the Bank of England announced it would hike interest rates by 50 basis points, as widely expected. It also dropped the word “forcefully” […]