European markets climb

Business | 27 Sep 2019 6:22 pm

European stock markets opened higher today and Asia was mixed as traders weighed slower U.S. economic growth and the possible impact of an impeachment inquiry of President Donald Trump.
In early trading, London's FTSE 100 gained by 0.9 percent to 7,417.80 and Germany's DAX added 0.5 percent to 12,351.22. France's CAC 40 added 0.2 percent to 5,634.80.
On Wall Street, futures for the benchmark Standard & Poor's 500 index and the Dow Jones Industrial Average edged up 0.2 percent.
The congressional probe of Trump is adding volatility to markets already jittery over U.S.-Chinese trade tensions.
"The impeachment of Trump will now become a drawn-out saga that feels like annoying supermarket music,'' Jeffrey Halley of Oanda said in a report.
In Asia, the Shanghai Composite Index gained 0.1 percent to 2,932.17 on the final day of trading before a weeklong Chinese holiday.

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