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Todayâs US inflation were welcomed by FTSE and Wall Street investors as they mean the Fed might slow the pace of interest rate hikes. Photo: Elizabeth Frantz/Reuters
The FTSE 100 and European stocks were higher this Thursday Stocks as investors welcomed the drop in US inflation last month.
The FTSE 100 (^FTSE) rose 1% to close at 7,806, while the CAC 40 (^FCHI) in Paris climbed 0.82% to 6,981 points. In Germany, the DAX (^GDAXI) advanced 0.74% to 15,058.
The FTSE 100 has pushed above 7,8...
>>> Read more: Wall Street mixed as inflation falls and FTSE 100 hits new four and a half year high
The FTSE 100 and European stocks were higher this Thursday Stocks as investors welcomed the drop in US inflation last month.
The FTSE 100 (^FTSE) rose 1% to close at 7,806, while the CAC 40 (^FCHI) in Paris climbed 0.82% to 6,981 points. In Germany, the DAX (^GDAXI) advanced 0.74% to 15,058.
The FTSE 100 has pushed above 7,8...
>>> Read more: Wall Street mixed as inflation falls and FTSE 100 hits new four and a half year high