European Shares Rally As Fed Cuts Rates, Signals More Easing In 2025

Group 1 - European stocks opened positively after the U.S. Federal Reserve cut interest rates for the first time since December, indicating more cuts may follow due to signs of labor market weakness [1] - The pan-European STOXX 600 index increased by 0.7 percent to 554.35, with notable gains in major indices: the German DAX rose by 1.2 percent, France's CAC 40 surged by 1 percent, and the U.K.'s FTSE 100 added 0.3 percent [2] Group 2 - Domino's Pizza in Britain experienced a decline of 1.1 percent following the appointment of a new CFO [3] - Bytes Technology Group, operating in IT solutions and services, saw a rally of 2.2 percent after reporting a resilient performance in the first half [3] - Retailer Next Plc faced a significant drop of 5 percent after issuing a warning about slowing sales in the second half [3] - Engineering giant Renishaw surged by 7.5 percent after reporting record full-year revenue and stronger adjusted profit [3]