Molson Coors Beverage Company shares rise 1.34% intraday as European markets close higher on Fed rate cut optimism.

Molson Coors Beverage Company rose 1.34% in intraday trading. The positive movement in the stock price can be attributed to the overall optimism in the European markets, which closed higher on Wednesday. This optimism was driven by investor expectations of a potential Fed rate cut in September and anticipation surrounding the peace talks in Alaska between Donald Trump and Vladimir Putin.