Stock Market

European stocks surge after Fed signals interest rate pauseGeorge Steer in London European stocks surged early on Tuesday, buoyed by suggestions from Federal Reserve officials that interest rates will remain unchanged when the US central bank next meets.The region-wide Stoxx Europe 600 climbed 1.2 per cent in early trade, London’s FTSE 100 added 0.9 per cent and France’s Cac 40 rose 1.2 per cent. Contracts tracking Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq 100 gained 0.1 per cent and 0.2 per cent, respectively, ahead of the New York open. In the...