Markets Rise on Cooling Inflation and Economic Hopes
• European markets were higher on Friday as traders digested cooling US inflation data and what it means for the Fed's rate path.
• ITV stock popped 14% as it revealed a $322 million deal to sell its 50% stake in streaming service BritBox.
• UK house prices returned to growth for the first time in over a year in February, up 1.2% annually.
• US stocks capped off a strong February with the Nasdaq and S&P 500 closing at record highs on Thursday after a closely watched inflation measure cooled.
• Asian stocks finished higher on Friday, with indexes in Australia and Japan closing at all-time highs, buoyed by Wall Street gains and hopes of stimulus in China.