Europe: Stocks rise at open with eyes on US

[LONDON] European stocks rose at the open Wednesday, with eyes on the Federal Reserve's policy update and US President Joe Biden who is expected to unveil a huge spending plan.

London's benchmark FTSE 100 index climbed 0.4 per cent to 6,973.43 points, as investors reacted to earnings updates ahead of the key events in the United States later including Mr Biden's first speech to Congress.

In the eurozone, Frankfurt's DAX 30 index gained 0.4 per cent to 15,310.74 points and the Paris CAC 40 won 0.4 per cent to 6,296.11.

AFP