European stocks rose after oil prices fell in today’s trading. And reports on inflation and consumer confidence in the US eased concern the Fed would be quick to raise interest rates in the world’s biggest economy.
Shares in Ryanair, Europe’s largest discount airline, and Air France-KLM climbed after crude edged down more than two dollars a barrel.
Siemens and Alcatel-Lucent led gains by companies that depend on the US for about a fifth of their revenue.
Except for Lisbon, all other European stock markets posted gains.