U.S. Inflation Data Cools, European Stocks Close Higher

(CNA, London, 14th -综合外电) U.S. inflation data released today for June showed a slowdown, reducing investor expectations that the Federal Reserve (Fed) will raise interest rates later this month. As a result, major European stock markets closed slightly higher.

The London FTSE 100 index rose 31.10 points, or 0.30%, closing at 10,529.39 points.

The Frankfurt DAX index edged up 32.78 points, or 0.13%, to close at 25,147.03 points.

The Paris CAC 40 index gained 2.20 points, or 0.03%, ending at 8,366.85 points. (Compiled by: Zhang Zhengqian) 1150715