European shares rose on Monday as investors drew comfort from a tentative deal reached by U.S. lawmakers to raise the debt ceiling and avert a default.
among the top gainers. Trading volumes were light, with markets in the United States, the UK and several European countries closed.a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote.jumped 6.
2% after the struggling Swedish real estate group said it is broadening an ongoing strategic review, and options could include the sale of the company, business segments or assets. Fitch on Friday cut its credit rating to so-called junk status, citing insufficient deleveraging.his two decades in power in elections on Sunday, winning a mandate to pursue increasingly authoritarian policies, which have polarised the country and strengthened its position as a regional military power.
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