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Wall St closed higher overnight following a lighter than expected US inflation report. The S&P 500 and tech-heavy Nasdaq closed at record highs gaining 1.17% and 1.4% respectively with the Dow Jones also rallying 0.88%. The consumer price index rose 0.3% in April which was 0.1% less than the 0.4% increase estimated by the Dow Jones.
Over in Europe, markets closed higher following the announcement of US inflation data. Germany’s DAX rose 0.82%, the French CAC climbed 0.17% and over in the UK, the FTSE100 ended the trading session 0.21% in the green.
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