RIO News: FTSE 100 rises amid strong consumer confidence - 19th May 2023, 6:00pm

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The FTSE 100 has risen as data showed British consumer confidence hit a 15-month high. Photo: Getty

The FTSE 100 and European stocks opened higher, extending rallies on Wall Street fuelled by optimism over talks to avert a catastrophic US debt default.

The FTSE 100 (^FTSE) gained 0.39% to 7,883 points at the open, while the CAC 40 (^FCHI) in Paris slipped 0.22% to 7,560 points. In Germany, the DAX (^GDAXI) fell 0.10% to 15,866.

The FTSE 100 rose as data showed British consumer confidence hit ...

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