Stock
indices increased due to the better-than-expected U.S. durable goods orders. U.S.
durable goods orders rose 0.8% in April, after a 2.9% gain in March. March’s
figure was revised up to 2.9% from 2.6%. April’s increase of durable goods
orders was driven by demand for defence goods
The
consumer confidence index in the U.S. climbed to 83.0 in May, from 81.7 in
April. April’s figure was revised down from 82.3.
The
European Central Bank President Mario Draghi said at the conference in Sintra on
Tuesday the ECB is aware of risks from low inflation. He added that the ECB had
the tools to get inflation in the Eurozone back close to 2%. His comments have
fanned expectations for further stimulus measures by the ECB in June.
Aveva Group
Plc shares increased 9.1% after reporting the better-than-expected annual
profit.
InterContinental
Hotels Group Plc shares climbed 3.7% after the company rejected a takeover bid.
Indexes on
the close:
Name Price Change Change %
FTSE
100 6,844.94 +29.19 +0.43%
DAX 9,940.82 +48.00 +0.49%
CAC 40 4,529.75 +2.82 +0.06%