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Evening Standard
Evening Standard
Business
Jeremy Cutler

Brighter US outlook fires up European stocks

United States Euro FTSE 100 Donald Trump Inflation AstraZeneca GSK Pennon
Data from the US has pointed to resilient consumer spending and relatively subdued inflation (Alamy/PA) -

The FTSE 100 recorded strong gains on Friday as US data pointed to resilient consumer spending and relatively subdued inflation, keeping hopes for rate cuts across the pond on track.

The FTSE 100 index closed up 70.85 points, 0.8%, at 9,284.83. The FTSE 250 ended 93.71 points higher, 0.4%, at 21,681.48, and the AIM All-Share ended up 3.91 points, 0.5%, at 777.53.

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