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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European stocks gain ahead of key US inflation data

European stocks edged higher on Friday but remained on track for their worst weekly performance since April as elevated bond yields and concerns over aggressive interest rate hikes weighed on investor sentiment ahead of key U.S. inflation data, Reuters reported.

The pan-European STOXX 600 index rose 0.3% to 637.60 points by 0716 GMT, after closing at a two-month low in the previous session.

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