World stocks on a high as US consumer prices calm inflation nerves
The dollar remained weak with the dollar index falling to its lowest in a week at 91.547
11 March 2021 - 13:25
London — World stocks rose to their highest in just over a week on Thursday after a report on US 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 0.3% on the day. Britain’s FTSE 100 index rose 0.14%, France’s CAC 40 0.2%, and Italy’s FTSE MIB 1%. Germany’s DAX traded flat...
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