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European stocks rise as shares of ASML and Peugeot rise, with unemployment in UK dropping

January 22, 2014 , , , ,

European stocks up; ASML, Peugeot surge

  • European stocks rise after ASML and Peugeot shares surge. Shares of ASML rise because first half of 2014 and posted a 62% rise in fourth-quarter net profit. Peugeot shares rallied  5.8% after Moody’s Investors Service said the auto maker’s planned 3 billion euro ($4.1 billion) capital increase is a positive for its credit rating.
  • The unemployment rate in UK dropped more than expected as investors try to digest the possibility that Bank of England rising interest rates since they’re seeing growth in the economy. The joblessness rate for the three months to November fell to 7.1%.
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