World stocks at two-year high, US inflation data in focus

European stocks opened higher on Monday and world stocks were steady at their highest in more than two years, as investors waited for US inflation data due this week to give clues about when the US Federal Reserve might cut rates. The S&P 500 rose above 5,000 points for the first time ever last week, boosted by tech stocks, and world equities have risen for three weeks straight.

Feb 12, 2024 - 17:30
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World stocks at two-year high, US inflation data in focus
European stocks opened higher on Monday and world stocks were steady at their highest in more than two years, as investors waited for US inflation data due this week to give clues about when the US Federal Reserve might cut rates. The S&P 500 rose above 5,000 points for the first time ever last week, boosted by tech stocks, and world equities have risen for three weeks straight.

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