Global Markets Await US Inflation Data

1 min read
Source: Bloomberg
Global Markets Await US Inflation Data
Photo: Bloomberg
TL;DR

European stocks rose on bullish news in the technology sector and higher resources prices, ahead of key US inflation data. The Stoxx 600 index climbed 0.6%, driven by surging sales at Taiwan Semiconductor Manufacturing Co. and gains in miners. Tesco Plc also rose as it forecast higher retail profit and announced a share buyback, while US stock futures remained steady.

Share this article

Want the full story? Read the original reporting

Read on Bloomberg