European stock markets rose at the start of trading Tuesday as traders anticipate cuts to interest rates in the coming months on both sides of the Atlantic. In the eurozone, the Paris CAC 40 index began Tuesday with a gain of 0.5 percent to 8,037.95 points.
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The remnants of Hurricane Idalia are forecasted to become a tropical storm as it approaches Bermuda. The storm, which weakened after making landfall in Florida, is expected to bring rainfall and hazardous surf conditions to Bermuda. Idalia is one of four named storm systems in the Atlantic, with Gert likely to be absorbed by Idalia. President Joe Biden plans to visit the affected areas. Read more for the full article.
