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A gauge of global stocks rose for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an improving inflation landscape, sending Treasury yields lower.
UK & European stocks rose at the open despite mixed performances in the US and Asia.
European stocks fell sharply on Thursday after U.S. stock markets suffered their worst losses since 2022 overnight, led by declines in major tech shares. Concerns over Chinese demand and weak German business sentiment data also weighed on markets.
UK & European stocks fell at the open following losses on Wall Street, where tech names came under pressure.
Most European shares continued to fall this afternoon, dampened by luxury stocks after dour results from LVMH weighed on sentiment.