European Stocks Rally as US Inflation Cools, Boosting Hopes for Less Aggressive Rate Hikes
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European stocks rose this week after US inflation slowed in October.
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France's CAC 40 index and UK's FTSE 100 index increased after hopes grew that central banks may stop tightening policy.
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STMicroelectronics, Worldline, ArcelorMittal, Compagnie de Saint Gobain, and Eurofins Scientific were top CAC 40 gainers.
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Alstom, Thales, Carrefour, TotalEnergies, and Orange were top CAC 40 losers.
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US 10-year Treasury bond yields and the dollar index fell this week.