European stocks stage rebound before US CPI data: Markets Wrap


Source: finance.yahoo.com finance.yahoo.com

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(Bloomberg) — European stocks rose, buoyed by positive news in the technology sector and higher resources prices, before key US inflation data that will provide fresh clues about the Federal Reserve’s policy outlook. Most Read from Bloomberg The Stoxx 600 index climbed 0.6%, rebounding from Tuesday’s losses, as the surge in sales reported by Taiwan Semiconductor Manufacturing Co. thanks to the boom in AI development boosted European tech stocks. Miners advanced after gains in copper, iron ore and gold. US stock futures were little changed. In Asia, an index of Hong Kong-listed Chinese stocks gained for the third day and...