Wall Street's main indexes opened higher today after softer-than-expected inflation data boosted expectations for more interest rate cuts by the Federal Reserve, while chipmaker Micron's blowout forecast temporarily assuaged worries about tech sector valuations.
The Dow Jones was up 232 points (0.49%) to 48,118, while the S&P 500 was up 56 points (0.85%) to 6,778 and the Nasdaq was up 269 points (1.19%) to 22,962.
European shares rose today as the European Central Bank took a more positive view of the economy after keeping rates on hold. The CAC in Paris was up 37 points (0.47%) to 8,123, while the DAX in Frankfurt was up 111 points (0.47%) to 24,072 and London's FTSE index was up 20 points (0.21%) to 9,794.
Dublin's ISEQ index was up 36 points (0.28%) to 13,025. Shares in Bank of Ireland were up 1.14% to €16.40, while shares in Glenveagh Properties increased by 0.95% to €1.90. Meanwhile, shares in PTSB were down 2.42% to €2.82, while shares in Origin Enterprises were down 2.04% to €4.08.
