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European stock markets reached a new peak on Friday. This surge was fueled by lower than anticipated U.S. inflation figures. Hopes for reduced trade friction between the U.S. and China also contributed to the positive sentiment. Investors reacted to a series of company earnings reports. The continent-wide STOXX 600 index saw an increase. Major regional indexes also ended higher.
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Friday brought significant gains to the Indian stock market, echoing the record-breaking performance of major U.S. stock indexes. The catalyst? Lower-than-expected inflation data that sparked fresh hopes for interest rate reductions by the Federal Reserve. Companies like Ford released impressive earnings, further igniting the market rally.
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News and Media
Indian markets saw a strong rally. Cooler inflation data and upbeat corporate earnings propelled US stock indexes to record highs. This performance sets a positive tone for upcoming earnings reports and an anticipated interest rate cut by the Federal Reserve. Investors are keenly watching major tech companies like Meta, Microsoft, Alphabet, and Apple for further market direction.
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News and Media
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