US and European stocks rose on Thursday in choppy trading, following sharp rallies in the previous session, as traders weighed developments in Ukraine and central banks’ moves to tighten monetary policy.
Wall Street’s broad-based S&P 500 share gauge had its best close in roughly a month, ending the day 1.2 per cent higher, after gaining more than 2 per cent on Wednesday. The technology-heavy Nasdaq Composite gained 1.3 per cent, the highest close since early March.
In Europe, the regional Stoxx 600 index closed 0.4 per cent higher after rising 3.1 per cent in the previous session. London’s FTSE 100 gained 1.3 per cent.
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