Stocks Boosted by Rate-Hike Outlook; Dollar Slips: Markets Wrap
(Bloomberg) — European stocks gained and the dollar fell after Federal Reserve meeting minutes showed support for more moderate interest-rate increases.
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The Stoxx Europe 600 Index extended its recent rally as the real estate sector outperformed, boosted by the prospects of slower rate hikes and analyst upgrades. Dr. Martens Plc shares plunged the most on record after the bootmaker’s sales and earnings missed expectations.
Trading volumes are expected to be lower due…