Read more about World stocks hit highest in a week as inflation worries ebb on Business Standard. E-mini futures for the U.S. S&P 500 index gained to their highest in two weeks, up 0.7%
LONDON, March 11 (Reuters) - World stocks rose to their highest in just over a week on Thursday after a report on U.S. consumer prices calmed investor nerves about inflation and lifted the Dow Jones Industrial Average to a record close.
European stocks climbed, with the pan-European STOXX 600 index reaching a one-year peak and up 0.2% on the day. France’s CAC 40 index rose 0.14%, and Italy’s FTSEMIB 0.8%%. Britain’s FTSE 100 index fell 0.36% and Germany’s DAX traded flat.
MSCI’s All Country World Index, which tracks stocks across 49 countries, rose to its highest in just over a week, up 0.7% on the day.
World stocks rose to their highest in just over a week on Thursday after a report on U.S. consumer prices calmed investor nerves about inflation and lifted the Dow Jones Industrial Average to a record close.
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