RIO News: FTSE 100 and European stocks higher despite UK jobs numbers surprise - 16th Aug 2022, 6:05pm

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The FTSE 100 was off to a good start on Tuesday, driven by mining stocks. Photo: Hannah McKay/Reuters

The FTSE 100 and European stocks started the day on the front foot on Tuesday, even as the latest jobs data showed more signs the cost of living crisis could spark a recession.

The FTSE 100 (^FTSE) rose 0.41% to 7,538 at the opening, while the CAC (^FCHI) advanced 0.23% in Paris. In Germany, the DAX (^GDAXI) gained 0.39%.

London’s blue-chip index rose on the back of late rallies by US st...

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