European shares clock monthly gains on Fed rate cut hopes
European shares ended higher on Friday, capping a strong weekly advance and closing the month on a robust note, supported by optimism over potential U.S. rate cuts. The pan-European STOXX 600 closed 0.23% higher at 576.34, hitting its longest monthly winning streak since March 2024. Bourses in Germany and France added 0.25% and 0.3%, respectively….