The Federal Reserve cut interest rates by 0.25 basis points, and major European stock indices rose broadly

ChainCatcher news, according to Jinshi reports, after the Federal Reserve announced a 0.25 basis point cut in the key interest rate, major European stock indices showed an upward trend. Among them, the German DAX index and the French CAC 40 index led the gains, rising by 1.25% and 1.21%, respectively. The UK FTSE 100 index only rose by 0.3%. In addition, S&P 500 futures rose by 0.8%, Dow Jones Industrial Average futures rose by 0.7%, and Nasdaq futures rose by 1.1%.