Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Eric Cunha

Stocks climb but US data boosts predictions of Fed interest rate hike

The London Stock Exchange (Jonathan Brady/PA) - (PA Archive)

Stock prices in London closed in the green on Friday, with equities in New York bursting higher, even after a US inflation report may have cemented a Federal Reserve rate hike next week.

Helping equities, US government bond yields and oil prices came off earlier highs, setting the stage for the confident trade on the New York Stock Exchange.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.