UK and European stocks bounced back as investors turned bullish on the latest EU inflation figures that showed price rises were unchanged in November at 2.4%.
The FTSE 100 (^FTSE) rose 0.1% 7,24 points in morning trading, while the CAC 40 (^FCHI) was flat at 7,564 points. In Germany, the DAX (^GDAXI) rose 0.2% to 16,683. Europe’s Stoxx 600 (^STOXX) climbed 0.2% to 16,683 points.
Across the pond, US stocks edged higher Monday, building on a seven-week climb even as Federal Reserve officials tried to rein in high expectations for interest rate cuts.
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