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Stock indices stocks closed higher due to the ECB's interest rate remained unchanged and due to the strong U.S. labour market data. The ECB kept its interest rate unchanged at 0.15%. The European Central Bank President Mario Draghi said the ECB will keep interest rate at the present levels for an extended period of time.
U.S. companies added 288,000 jobs in June, exceeding expectations for an increase by 211,000 positions, after a gain of 224,000 jobs in May.
The unemployment rate in the U.S. dropped to 6.1% in June from 6.3% in May. That was the lowest level since September 2008. Analysts had expected the unemployment rate to remain unchanged at 6.3%.
The U.K. services purchasing managers' index dropped to 57.7 in June from 58.6 in May. Analysts had expected the index to decline to 58.1.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,865.21 +48.84 +0.72%
DAX 10,029.43 +118.16 +1.19%
CAC 40 4,489.88 +45.16 +1.02%
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