Tuesday, July 23, 2024

European stocks head for higher open as markets look ahead to U.S. inflation data

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General view of Bishopsgate in the City of London, the capital’s financial district. The UK economy has reportedly seen faster growth than initially estimated in early 2024.

Vuk Valcic | Sopa Images | Lightrocket | Getty Images

LONDON — European stocks are expected to open higher Thursday as global markets look ahead to the next U.S. inflation reading.

The U.K.’s FTSE index is seen opening 20 points higher at 8,210, Germany’s DAX up 37 points at 18,451, France’s CAC 40 up 7 points at 7,585 and Italy’s FTSE MIB up 45 points at 34,512, according to data from IG.

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