News & Analysis for Stocks, Crypto & Forex | investingLive
European stock market open: Stocks advance as investors brace for US inflation data
xCruzo Brief
European stocks opened higher across major indices as investors waited for the U.S. CPI report for September. At the start of trading, the Eurostoxx rose 0.6%, Germany’s DAX gained 0.4%, France’s CAC 40 added 0.5%, the UK’s FTSE was up 0.2%, Spain’s IBEX rose 0.5%, and Italy’s FTSE MIB climbed 0.3%. The broad advance followed a steadier tone from the previous session after a period dominated by surging bond yields and growing fiscal risk concerns in France. However, the early gains are likely to be tested later today when Treasury yields and risk sentiment react to the inflation data.
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