European shares rose for an eighth straight session today, driven by optimism over an economic recovery this year, but gains were limited as investors hunkered down ahead of the Federal Reserve's two-day policy meeting.

London's FTSE index had gained 25 points (0.36%) to close at 7,172, while the Paris CAC was up 23 points (0.35%) to close at 6,639 and the Frankfurt DAX rose 55 points (0.36%) to close at 15,729.

Dublin's ISEQ index had dropped 81 points (0.98%) to close at 8,176. Shares in Datalex were up 5.36% to 59 cent, while shares in FBD Holdings were down 0.9% to €8.94. Shares in Flutter Entertainment dropped 3.07% to €154.80, while shares in Dalata Hotel Group dropped 2.79% to €4.36.

On Wall Street, the Dow Jones was down 124 points (0.36%) to 34,268 by 6.10pm Irish time, while the S&P 500 was down 10 points (0.25%) to 4,244 and the Nasdaq Composite was down 90 points (0.64%) to 14,083.