Fri, 27 Jan 2012 10:57:49 GMT
European markets jump on Fed announcement
European shares rallied on Thursday as investors anticipated news that Federal Reserve will freeze borrowing costs by the end of 2014. Stoxx 600 index gained 1.1% and finished at 257.86, while German DAX index climbed 1.8% and settled at 6,539.85. UK FTSE 100 index jumped 1.3% to 5,795.20 and French CAC 40 added 1.5%, closing at 3,363.23. Greek ASE Composite