European Markets Cautious, US Stocks Rally as Investors Assess Higher US Inflation and Await Earnings
• European markets set for mixed open as investors assess latest US inflation data • US inflation rose 0.4% in February, higher than expected annual rate of 3.2% • US stocks rallied Tuesday with S&P 500 and Nasdaq gaining over 1% each • Earnings due from Inditex, Adidas, VW; Euro zone industrial production data also expected • Goldman Sachs updated its conviction list of top Asia Pacific stocks picks for March