Daily Update Thursday, July 3, 2008
As expected, the European Central Bank raised its key interest rate to 4.25% today. Meanwhile, strength from the banking and pharmaceutical sectors drove stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher. However, the Price of the VVC/EU…