European stock markets rallied on January 10, 2025, as positive manufacturing data from the Eurozone bolstered investor confidence. The Euro Stoxx 50 index gained 1.5%, led by industrial giants Siemens and Volkswagen. Germany, the region’s economic powerhouse, reported a 1.2% increase in industrial production for December 2024, the highest monthly growth rate in six months. Analysts attribute the rebound to easing energy costs and significant improvements in supply chain efficiency. This positive trend aligns with the European Central Bank’s optimistic economic growth forecasts for 2025. Market participants are now eyeing upcoming economic indicators to confirm the sustainability of this recovery.
Eurozone Stocks Climb on Improved Manufacturing Data
