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Europe's stocks climb as markets digest U.S. inflation data, earnings; THG looks for rebound - CNBC

Europe's stocks climb as markets digest U.S. inflation data, earnings; THG looks for rebound - CNBC

Europe's stocks climb as markets digest U.S. inflation data, earnings; THG looks for rebound - CNBC
Oct 14, 2021 28 secs

LONDON — European stocks advanced on Thursday with investors around the world reflecting on the latest inflation data and earnings out of the U.S.

consumer price index jumped 0.4% in September from the month prior and 5.4% year over year, the Labor Department reported Wednesday.

In Asia-Pacific overnight, stocks were mostly higher as investors reacted to the release of Chinese inflation data for September which showed the producer price index for September soared 10.7% compared to a year ago, slightly above expectations in a Reuters poll for a 10.5% increase.

stock futures rose in early premarket trade on Thursday.

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