European shares get boost from oil prices, Yellen comments

martes 7 de junio de 2016 06:51 GYT
 

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* FTSEurofirst 300 share index rises 1.2 percent

* Yellen comments provide support to equities

* Energy stocks lead sectoral gainers

* Volatility could rise as Brexit vote approaches

By Danilo Masoni and Atul Prakash

MILAN/LONDON, June 7 (Reuters) - European shares rose on Tuesday after Federal Reserve Chair Janet Yellen pushed back expectations for a rate increase without raising concerns over the strength of the world's largest economy.

Yellen's remarks on Monday followed Friday's dismal monthly jobs report, which increased jitters over the ability of the economy to absorb a rate hike as early as June. She called the jobs report "disappointing", but said "one should not attach too much significance to a single report".

Firmer oil prices also helped sentiment.   Continuación...